Fountain Asset Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative revenue was CAD 0.586475 million compared to revenue of CAD 0.261468 million a year ago. Net loss was CAD 0.749796 million compared to net income of CAD 0.111381 million a year ago. Basic loss per share from continuing operations was CAD 0.01. Diluted loss per share from continuing operations was CAD 0.01.
For the nine months, negative revenue was CAD 1.08 million compared to CAD 6.24 million a year ago. Net loss was CAD 1.63 million compared to CAD 6.94 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.11 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.11 a year ago.