Frequency Exchange Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 0.159111 million compared to CAD 0.123097 million a year ago. Net loss was CAD 0.35431 million compared to CAD 0.457631 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.
For the nine months, sales was CAD 0.569439 million compared to CAD 0.488254 million a year ago. Net loss was CAD 1.08 million compared to CAD 4.18 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.12 a year ago.