Star Navigation Systems Group Ltd. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was CAD 0.03713 million compared to CAD 0.005597 million a year ago. Net loss was CAD 0.929996 million compared to CAD 1.5 million a year ago. Basic loss per share from continuing operations was CAD 0.001 compared to CAD 0.002 a year ago.
For the nine months, sales was CAD 0.052728 million compared to CAD 0.018064 million a year ago. Net loss was CAD 2.79 million compared to CAD 3.41 million a year ago. Basic loss per share from continuing operations was CAD 0.003. Diluted loss per share from continuing operations was CAD 0.003.