Power Clouds Inc. announced earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue was $437,090, a 57% increase compared to $279,251 revenue for the same quarter of the previous year. The increase is primarily due to the inclusion of revenues from the acquisition of two PV solar parks in Italy that was completed on March 31, 2017. EBITDA was $951 compared to an LBITDA of $124,524 for the first quarter of 2017. The net loss was $391,859, or $0.01 per fully diluted share, compared to $347,233, or $0.01 per fully diluted share, for the same period of fiscal 2017.