Plaintree Systems Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was CAD 6.24 million compared to CAD 3.11 million a year ago. Net income was CAD 0.830907 million compared to net loss of CAD 0.55955 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to basic loss per share from continuing operations of CAD 0.07 a year ago.
For the nine months, sales was CAD 16.55 million compared to CAD 11.03 million a year ago. Net income was CAD 1.39 million compared to CAD 0.16423 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to basic loss per share from continuing operations of CAD 0.07 a year ago.