Beta Energy Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 3.87 million compared to CAD 0.181309 million a year ago.

Net loss was CAD 1.48 million compared to net income of CAD 0.242551 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to diluted earnings per share from continuing operations of CAD 0.01 a year ago.