Fountain Asset Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 0.261468 million compared to negative revenue of CAD 0.586423 million a year ago. Net income was CAD 0.111381 million compared to net loss of CAD 0.911953 million a year ago.
For the nine months, negative revenue was CAD 6.24 million compared to revenue of CAD 5.42 million a year ago. Net loss was CAD 6.94 million compared to net income of CAD 4.41 million a year ago. Basic loss per share from continuing operations was CAD 0.11 compared to basic earnings per share from continuing operations of CAD 0.07 a year ago. Diluted loss per share from continuing operations was CAD 0.11 compared to diluted earnings per share from continuing operations of CAD 0.07 a year ago.