Martello Technologies Group Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was CAD 3.98 million compared to CAD 4.05 million a year ago. Net loss was CAD 1.27 million compared to CAD 20.21 million a year ago.
For the nine months, sales was CAD 11.96 million compared to CAD 12.07 million a year ago. Net loss was CAD 4.04 million compared to CAD 23.85 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.07 a year ago.