Tornado Global Hydrovacs Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 15.4 million compared to CAD 8.34 million a year ago. Revenue was CAD 15.27 million compared to CAD 8.36 million a year ago. Net income was CAD 0.836 million compared to net loss of CAD 0.651 million a year ago. Basic earnings per share from continuing operations was CAD 0.006 compared to basic loss per share from continuing operations of CAD 0.005 a year ago. Diluted earnings per share from continuing operations was CAD 0.006 compared to diluted loss per share from continuing operations of CAD 0.005 a year ago.
For the nine months, sales was CAD 38.78 million compared to CAD 23.37 million a year ago. Revenue was CAD 38.57 million compared to CAD 23.4 million a year ago. Net income was CAD 1.88 million compared to net loss of CAD 0.374 million a year ago. Basic earnings per share from continuing operations was CAD 0.015 compared to basic loss per share from continuing operations of CAD 0.003 a year ago. Diluted earnings per share from continuing operations was CAD 0.014 compared to diluted loss per share from continuing operations of CAD 0.003 a year ago.