International Battery Metals Ltd. reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported net loss was CAD 5.23 million compared to CAD 0.098085 million a year ago. Basic loss per share from continuing operations was CAD 0.04. Diluted loss per share from continuing operations was CAD 0.04.
For the nine months, net loss was CAD 13 million compared to CAD 1.53 million a year ago. Basic loss per share from continuing operations was CAD 0.1 compared to CAD 0.01 a year ago.