Razor Energy 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 1.89 million. Revenue was CAD 28.01 million compared to CAD 17.76 million a year ago. Net loss was CAD 8.79 million compared to net income of CAD 9.67 million a year ago. Basic loss per share from continuing operations was CAD 0.36 compared to basic earnings per share from continuing operations of CAD 0.46 a year ago.
For the nine months, sales was CAD 1.89 million. Revenue was CAD 87.73 million compared to CAD 46.8 million a year ago. Net loss was CAD 11.84 million compared to CAD 1.51 million a year ago. Basic loss per share from continuing operations was CAD 0.5 compared to CAD 0.07 a year ago.