RediShred Capital Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 14.6 million compared to CAD 8.68 million a year ago. Net income was CAD 2.81 million compared to net loss of CAD 0.41 million a year ago. Basic earnings per share from continuing operations was CAD 0.155 compared to basic loss per share from continuing operations of CAD 0.026 a year ago. Diluted earnings per share from continuing operations was CAD 0.154 compared to diluted loss per share from continuing operations of CAD 0.026 a year ago.
For the six months, sales was CAD 27.11 million compared to CAD 15.99 million a year ago. Net income was CAD 3.09 million compared to CAD 0.546 million a year ago. Basic earnings per share from continuing operations was CAD 0.17 compared to CAD 0.035 a year ago. Diluted earnings per share from continuing operations was CAD 0.17 compared to CAD 0.034 a year ago.