Powerband Solutions Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 2.87 million compared to CAD 12.08 million a year ago. Revenue was CAD 2.87 million compared to CAD 12.26 million a year ago.

Net loss was CAD 20.76 million compared to CAD 27.3 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to CAD 0.086 a year ago. Basic loss per share was CAD 0.069 compared to CAD 0.109 a year ago.