Lycos Energy Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was CAD 86.67 million compared to CAD 36.56 million a year ago. Net income was CAD 24.72 million compared to CAD 3.67 million a year ago.

Basic earnings per share from continuing operations was CAD 0.58 compared to CAD 0.32 a year ago. Diluted earnings per share from continuing operations was CAD 0.55 compared to CAD 0.26 a year ago.