Principal Technologies Inc. reported earnings results for the third quarter and nine months ended April 30, 2024. For the third quarter, the company reported sales was CAD 0.176285 million compared to CAD 0.116355 million a year ago. Net loss was CAD 0.525943 million compared to CAD 0.142215 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.
For the nine months, sales was CAD 0.527324 million compared to CAD 0.292226 million a year ago. Net loss was CAD 1.3 million compared to CAD 0.431316 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.05 compared to CAD 0.02 a year ago.