Avante Corp. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 6.94 million compared to CAD 5.09 million a year ago. Net income was CAD 0.066871 million compared to net loss of CAD 0.274457 million a year ago. Basic earnings per share from continuing operations was CAD 0.003 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. Basic earnings per share was CAD 0.003 compared to basic loss per share of CAD 0.01 a year ago.
For the nine months, sales was CAD 17.69 million compared to CAD 14.59 million a year ago. Net loss was CAD 0.105028 million compared to net income of CAD 2.8 million a year ago.