Ultra Brands Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was CAD 0.068106 million compared to CAD 2.02 million a year ago. Basic loss per share from continuing operations was CAD 0.008 compared to CAD 0.319 a year ago.
For the nine months, revenue was CAD 0.038833 million compared to CAD 0.067238 million a year ago. Net loss was CAD 1.1 million compared to CAD 9.54 million a year ago. Basic loss per share from continuing operations was CAD 0.137 compared to CAD 2.11 a year ago.