Farmers Edge Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 5.18 million compared to CAD 7.68 million a year ago. Net loss was CAD 18.55 million compared to CAD 23.52 million a year ago. Basic loss per share from continuing operations was CAD 0.44 compared to CAD 0.56 a year ago. Diluted loss per share from continuing operations was CAD 0.44 compared to CAD 0.56 a year ago.
For the six months, sales was CAD 11.48 million compared to CAD 16.24 million a year ago. Net loss was CAD 37.24 million compared to CAD 45.7 million a year ago. Basic loss per share from continuing operations was CAD 0.89 compared to CAD 1.09 a year ago. Diluted loss per share from continuing operations was CAD 0.89 compared to CAD 1.09 a year ago.