Origin House Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 29, 2019 at 03:53 pm EDT
Origin House announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was CAD 21.376 million compared to CAD 3.511 million a year ago. Operating loss was CAD 19.029 million compared to CAD 5.459 million a year ago. Net loss was CAD 34.535 million compared to net income of CAD 9.200 million a year ago. Basic loss per share was CAD 0.47 compared to basic earnings per share of CAD 0.18 a year ago. Diluted loss per share was CAD 0.47 compared to diluted earnings per share of CAD 0.17 a year ago. For the half year, sales was CAD 32.537 million compared to CAD 4.154 million a year ago. Operating loss was CAD 35.607 million compared to CAD 9.968 million a year ago. Net loss was CAD 51.672 million compared to net income of CAD 4.571 million a year ago. Basic loss per share was CAD 0.73 compared to basic earnings per share of CAD 0.1 a year ago. Diluted loss per share was CAD 0.73 compared to diluted earnings per share of CAD 0.09 a year ago.