Humble & Fume Inc. (OTCQX: HUMBF) (CSE:HMBL) released its financial and operating results for the third quarter of fiscal 2023 ended March 31, 2023, revealing revenue of CA$16 million ($11.8 million), a decrease of 0.7% compared to CA$16.1 million in Q3 2022.
Q3 2023 Financial Highlights
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Gross margin of CA$2.7 million, a decrease of 16.5% compared to CA$3.3 million in Q3 2022.
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Gross margin as a percentage of revenue was 17.1% compared to 20.3% in Q3 2022.
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Net loss was CA$4.2 million compared to CA$2.5 million in …