Avila Energy Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 1.71 million compared to CAD 0.736859 million a year ago. Net income was CAD 0.111813 million compared to CAD 0.250752 million a year ago.
For the six months, revenue was CAD 3.17 million compared to CAD 1.18 million a year ago. Net loss was CAD 3.44 million compared to net income of CAD 0.309231 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to diluted earnings per share from continuing operations of CAD 0.01 a year ago.