Element Lifestyle Retirement Inc. reported earnings results for the third quarter and nine months ended February 28, 2023. For the third quarter, the company reported revenue was CAD 0.23 million compared to CAD 0.746667 million a year ago. Net loss was CAD 0.175605 million compared to net income of CAD 0.245837 million a year ago. Basic loss per share from continuing operations was CAD 0.002 compared to basic earnings per share from continuing operations of CAD 0.003 a year ago.
For the nine months, revenue was CAD 0.743846 million compared to CAD 0.993202 million a year ago. Net loss was CAD 0.246986 million compared to CAD 0.428624 million a year ago. Basic loss per share from continuing operations was CAD 0.004 compared to CAD 0.006 a year ago.