Avante Corp. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was CAD 5.34 million compared to CAD 4.93 million a year ago. Net loss was CAD 0.252081 million compared to CAD 0.426683 million a year ago. Basic loss per share from continuing operations was CAD 0.015 compared to CAD 0.016 a year ago. Basic loss per share was CAD 0.01 compared to CAD 0.016 a year ago.
For the six months, sales was CAD 10.75 million compared to CAD 9.5 million a year ago. Net loss was CAD 0.171899 million compared to net income of CAD 3.08 million a year ago. Basic loss per share from continuing operations was CAD 0.012 compared to CAD 0.025 a year ago. Basic loss per share was CAD 0.007 compared to basic earnings per share of CAD 0.116 a year ago.