Real Luck Group’s losses mount during Q3 2021 despite “strong cash position”

Real Luck Group ended Q3 2021 with CA$15.8m (US$12.4m) in cash and no debt, but its losses continued to mount. For the third quarter, the Canadian company, and its subsidiaries that do business under the Luckbox brand, reported a net loss of CA$1.9m, a 146% rise from the CA$772,023 for the same period last year. This brings its net loss for the first nine months of 2021 to CA$6.6m, more than double the CA$3m loss for the first three quarters of...