Zoomd Technologies Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 8.82 million compared to USD 16.22 million a year ago. Net loss was USD 0.785 million compared to net income of USD 0.007 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.
For the six months, sales was USD 17.47 million compared to USD 32.47 million a year ago. Net loss was USD 4.36 million compared to net income of USD 0.828 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.