Urbana Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 4.06 million compared to CAD 14.15 million a year ago. Net income was CAD 1.38 million compared to CAD 10.37 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to CAD 0.24 a year ago.
For the nine months, revenue was CAD 11.06 million compared to CAD 69.53 million a year ago. Net income was CAD 2.69 million compared to CAD 54.9 million a year ago. Basic earnings per share from continuing operations was CAD 0.06 compared to CAD 1.25 a year ago.