05:22 PM EST, 11/26/2024 (MT Newswires) -- Urbanfund (UFC.V) after trade Tuesday said its third-quarter profit rose 63% despite weaker revenue.

The company said it earned $1.52 million, or $0.03 per share, in the period, up from $0.94 million, or $0.02, in the year-prior quarter.

Revenue fell to $2.09 million from $2.16 million.

The company's shares closed up $0.01 to $0.84 on the TSX Venture Exchange.