TeraGo Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was CAD 6.34 million compared to CAD 10.7 million a year ago. Net loss was CAD 2.41 million compared to CAD 8.96 million a year ago. Basic loss per share from continuing operations was CAD 0.12 compared to CAD 0.46 a year ago. Diluted loss per share from continuing operations was CAD 0.12 compared to CAD 0.46 a year ago.

For the full year, the company reported Revenue was CAD 27.62 million compared to CAD 43.3 million a year ago. Net loss was CAD 11.57 million compared to CAD 15.17 million a year ago. Basic loss per share from continuing operations was CAD 0.61 compared to CAD 0.81 a year ago. Diluted loss per share from continuing operations was CAD 0.61 compared to CAD 0.81 a year ago.