Fountain Asset Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative revenue was CAD 0.53396 million compared to CAD 4.7 million a year ago. Net loss was CAD 0.699914 million compared to CAD 5.02 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.08 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.08 a year ago.
For the six months, negative revenue was CAD 0.495316 million compared to CAD 6.5 million a year ago. Net loss was CAD 0.881668 million compared to CAD 7.06 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.11 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.11 a year ago.