Payfare Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 35.91 million compared to CAD 12.68 million a year ago. Net loss was CAD 0.823855 million compared to CAD 4 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.09 a year ago.
For the nine months, sales was CAD 94.38 million compared to CAD 26.46 million a year ago. Net loss was CAD 5.84 million compared to CAD 16.79 million a year ago. Basic loss per share from continuing operations was CAD 0.13 compared to CAD 0.4 a year ago.