Pinetree Capital Ltd. 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 0.52 million compared to CAD 0.798 million a year ago. Net loss was CAD 0.712 million compared to CAD 1.09 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to CAD 0.12 a year ago.
For the nine months, revenue was CAD 2.53 million compared to negative revenue of CAD 1.03 million a year ago. Net income was CAD 1.78 million compared to net loss of CAD 1.89 million a year ago. Basic earnings per share from continuing operations was CAD 0.19 compared to basic loss per share from continuing operations of CAD 0.2 a year ago.