Frequency Exchange Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 0.192956 million compared to CAD 0.134801 million a year ago. Net loss was CAD 0.328766 million compared to CAD 0.508884 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.
For the six months, sales was CAD 0.410328 million compared to CAD 0.365157 million a year ago. Net loss was CAD 0.728569 million compared to CAD 3.73 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.11 a year ago.