Fobi AI Inc. reported earnings results for the first quarter ended September 30, 2022. For the first quarter, the company reported sales was CAD 0.532406 million compared to CAD 0.580317 million a year ago. Net loss was CAD 3.01 million compared to CAD 4.43 million a year ago.

Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago.