New Wave Holdings Corp. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was CAD 0.219803 million compared to negative revenue of CAD 1.11 million a year ago. Net income was CAD 0.09851 million compared to net loss of CAD 1.62 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to basic loss per share from continuing operations of CAD 0.45 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to diluted loss per share from continuing operations of CAD 0.45 a year ago.
For the nine months, negative revenue was CAD 0.17615 million compared to CAD 1.18 million a year ago. Net loss was CAD 0.643256 million compared to CAD 1.89 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to CAD 0.75 a year ago.