Farmers Edge Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 4.43 million compared to CAD 5.94 million a year ago. Net loss was CAD 17.9 million compared to CAD 21.13 million a year ago. Basic loss per share from continuing operations was CAD 0.43 compared to CAD 0.5 a year ago. Diluted loss per share from continuing operations was CAD 0.43 compared to CAD 0.5 a year ago.
For the nine months, sales was CAD 15.91 million compared to CAD 22.18 million a year ago. Net loss was CAD 55.14 million compared to CAD 66.83 million a year ago. Basic loss per share from continuing operations was CAD 1.31 compared to CAD 1.59 a year ago. Diluted loss per share from continuing operations was CAD 1.31 compared to CAD 1.59 a year ago.