![PureBase Corp [PUBC] reports annual net loss of $9,087,329.0](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FPUBC.png&w=3840&q=75)
PureBase Corp [PUBC] reports annual net loss of $9,087,329.0
Company Reports Revenue of $325.9 thousand
PureBase Corp [PUBC] has reported a net loss of $9,087,329.0 for year ended Nov 30, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $325.9 thousand
Based in IONE, California, PureBase Corp operates in the MANUFACTURING sector.
In the 12 months ended November 30, 2023, the net revenue was $325.9 million, compared to $471.6 million in the same period in 2022. This represents a decrease in revenue for the current reporting period compared to the previous year.
The cost of goods sold for the same period was $96.1 million in 2023, down from $132.2 million in 2022. This decrease in cost of goods sold contributed to a lower gross margin of $229.7 million in 2023, compared to $339.4 million in 2022.
