JEMTEC Inc. reported earnings results for the first quarter ended October 31, 2022. For the first quarter, the company reported sales was CAD 0.373721 million compared to CAD 0.767371 million a year ago. Revenue was CAD 0.379192 million compared to CAD 0.768123 million a year ago.

Net loss was CAD 0.016627 million compared to net income of CAD 0.213891 million a year ago. Basic loss per share from continuing operations was CAD 0.006 compared to basic earnings per share from continuing operations of CAD 0.077 a year ago. Diluted loss per share from continuing operations was CAD 0.006 compared to diluted earnings per share from continuing operations of CAD 0.075 a year ago.