Element Lifestyle Retirement Inc. reported earnings results for the third quarter and nine months ended February 28, 2022. For the third quarter, the company reported revenue was CAD 0.746667 million compared to CAD 0.08 million a year ago. Net income was CAD 0.245837 million compared to net loss of CAD 0.36682 million a year ago. Basic earnings per share from continuing operations was CAD 0.003 compared to basic loss per share from continuing operations of CAD 0.005 a year ago.
For the nine months, revenue was CAD 0.993202 million compared to CAD 0.2 million a year ago. Net loss was CAD 0.428624 million compared to CAD 1.06 million a year ago. Basic loss per share from continuing operations was CAD 0.006 compared to CAD 0.015 a year ago.