Frequency Exchange Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 0.123097 million compared to CAD 0.211065 million a year ago. Net loss was CAD 0.457631 million compared to CAD 0.16313 million a year ago. Basic loss per share from continuing operations was CAD 0.01.
For the nine months, sales was CAD 0.488254 million compared to CAD 0.685364 million a year ago. Net loss was CAD 4.18 million compared to CAD 0.625652 million a year ago. Basic loss per share from continuing operations was CAD 0.12 compared to CAD 0.05 a year ago.