Inventronics Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 1.46 million compared to CAD 3.4 million a year ago. Net loss was CAD 0.094 million compared to net income of CAD 0.536 million a year ago. Basic loss per share from continuing operations was CAD 0.019 compared to basic earnings per share from continuing operations of CAD 0.111 a year ago. Diluted loss per share from continuing operations was CAD 0.019 compared to diluted earnings per share from continuing operations of CAD 0.107 a year ago.
For the nine months, sales was CAD 7.9 million compared to CAD 11.37 million a year ago. Net income was CAD 0.576 million compared to CAD 1.84 million a year ago. Basic earnings per share from continuing operations was CAD 0.118 compared to CAD 0.383 a year ago. Diluted earnings per share from continuing operations was CAD 0.115 compared to CAD 0.375 a year ago.