Maxim Power Corp. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 41.46 million compared to CAD 141.26 million a year ago.

Revenue was CAD 44.45 million compared to CAD 138.28 million a year ago. Net income was CAD 28.3 million compared to CAD 42.28 million a year ago. Basic earnings per share from continuing operations was CAD 0.56 compared to CAD 0.84 a year ago.

Diluted earnings per share from continuing operations was CAD 0.49 compared to CAD 0.72 a year ago.