SOL Global Investments Corp. reported earnings results for the third quarter and nine months ended August 31, 2022. For the third quarter, the company reported negative revenue was CAD 11.16 million compared to revenue of CAD 15.01 million a year ago. Net loss was CAD 12.5 million compared to CAD 62.37 million a year ago. Basic loss per share from continuing operations was CAD 0.25 compared to CAD 1.17 a year ago. Diluted loss per share from continuing operations was CAD 0.25.
For the nine months, negative revenue was CAD 188.46 million compared to revenue of CAD 345.98 million a year ago. Net loss was CAD 173.57 million compared to net income of CAD 210.41 million a year ago. Basic loss per share from continuing operations was CAD 3.7 compared to basic earnings per share from continuing operations of CAD 3.91 a year ago. Diluted loss per share from continuing operations was CAD 3.7 compared to diluted earnings per share from continuing operations of CAD 3.67 a year ago.