Kaival Brands Innovations Group, Inc. reported earnings results for the first quarter ended January 31, 2024. For the first quarter, the company reported sales was USD 2.99 million compared to USD 2.44 million a year ago. Revenue was USD 3.21 million compared to USD 2.53 million a year ago.

Net loss was USD 2.11 million compared to USD 2.99 million a year ago. Basic loss per share from continuing operations was USD 0.76 compared to USD 1.12 a year ago.