Cathedral Energy Services Ltd. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was CAD 128.52 million compared to CAD 23.71 million a year ago. Net income was CAD 10.27 million compared to net loss of CAD 1.1 million a year ago.

Basic earnings per share from continuing operations was CAD 0.05 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. Diluted earnings per share from continuing operations was CAD 0.05 compared to diluted loss per share from continuing operations of CAD 0.01 a year ago.