Beta Energy Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 6.15 million compared to CAD 1.46 million a year ago. Net loss was CAD 0.360258 million compared to net income of CAD 0.260939 million a year ago. Basic loss per share from continuing operations was CAD 0.01. Diluted loss per share from continuing operations was CAD 0.01.
For the nine months, revenue was CAD 13.62 million compared to CAD 3.18 million a year ago. Net loss was CAD 3.56 million compared to net income of CAD 0.041773 million a year ago. Basic loss per share from continuing operations was CAD 0.06. Diluted loss per share from continuing operations was CAD 0.06.