SOL Global Investments Corp. reported earnings results for the second quarter and six months ended May 31, 2022. For the second quarter, the company reported negative revenue was CAD 96.19 million compared to revenue of CAD 81.96 million a year ago. Net loss was CAD 86.67 million compared to net income of CAD 64.65 million a year ago. Basic loss per share from continuing operations was CAD 1.9 compared to basic earnings per share from continuing operations of CAD 1.2 a year ago. Diluted loss per share from continuing operations was CAD 1.9 compared to diluted earnings per share from continuing operations of CAD 1.13 a year ago.
For the six months, negative revenue was CAD 177.3 million compared to revenue of CAD 330.97 million a year ago. Net loss was CAD 161.07 million compared to net income of CAD 272.78 million a year ago. Basic loss per share from continuing operations was CAD 3.54 compared to basic earnings per share from continuing operations of CAD 5.02 a year ago. Diluted loss per share from continuing operations was CAD 3.54 compared to diluted earnings per share from continuing operations of CAD 4.72 a year ago.