Netgem SA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 0.135 million. Revenue was EUR 1.92 million compared to EUR 2.9 million a year ago.

Net loss was EUR 19.16 million compared to EUR 12 million a year ago. Basic loss per share from continuing operations was EUR 0.67 compared to EUR 0.42 a year ago.