Urbana Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 0.541673 million compared to negative revenue of CAD 30.96 million a year ago. Net loss was CAD 1.72 million compared to CAD 29.65 million a year ago. Basic loss per share from continuing operations was CAD 0.04 compared to CAD 0.71 a year ago.
For the six months, revenue was CAD 9.18 million compared to CAD 7 million a year ago. Net income was CAD 3.51 million compared to CAD 1.31 million a year ago. Basic earnings per share from continuing operations was CAD 0.08 compared to CAD 0.03 a year ago.