Magnetic North Acquisition Corp. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was CAD 4.8 million compared to net loss of CAD 0.075535 million a year ago. Basic earnings per share from continuing operations was CAD 0.08.
For the nine months, net income was CAD 3.95 million compared to net loss of CAD 0.732681 million a year ago. Basic earnings per share from continuing operations was CAD 0.07 compared to basic loss per share from continuing operations of CAD 0.01 a year ago.