Connexa Sports Technologies Inc. reported earnings results for the third quarter and nine months ended January 31, 2023. For the third quarter, the company reported sales was USD 1.61 million compared to USD 4.19 million a year ago. Net loss was USD 48.88 million compared to USD 2.37 million a year ago. Basic loss per share from continuing operations was USD 20.4 compared to USD 18.8 a year ago. Basic loss per share was USD 147.2 compared to USD 22.8 a year ago.
For the nine months, sales was USD 7.63 million compared to USD 12.11 million a year ago. Net loss was USD 64.17 million compared to USD 44.63 million a year ago. Basic loss per share from continuing operations was USD 70 compared to USD 467.6 a year ago. Basic loss per share was USD 246 compared to USD 478 a year ago.