Australis Capital Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
Australis Capital Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was CAD 90,378 compared to CAD 49,779 a year ago. Operating loss was CAD 5.064 million compared to CAD 3.120 million a year ago. Net loss was CAD 19.422 million compared to CAD 5.829 million a year ago. Basic loss per share from continuing operations was CAD 0.11 compared to CAD 0.03 a year ago. For the nine months, total revenue was CAD 257,980 compared to CAD 169,134 a year ago. Operating loss was CAD 10.349 million compared to CAD 10.888 million a year ago. Net loss was CAD 28.549 million compared to CAD 12.784 million a year ago. Basic loss per share from continuing operations was CAD 0.17 compared to CAD 0.08 a year ago.