Urbana Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 66.91 million compared to CAD 4.06 million a year ago. Net income was CAD 55.57 million compared to CAD 1.38 million a year ago. Basic earnings per share from continuing operations was CAD 1.34 compared to CAD 0.03 a year ago.
For the nine months, revenue was CAD 76.09 million compared to CAD 11.06 million a year ago. Net income was CAD 59.08 million compared to CAD 2.69 million a year ago. Basic earnings per share from continuing operations was CAD 1.43 compared to CAD 0.06 a year ago.