PharmaCielo Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 0.786498 million compared to CAD 1.2 million a year ago. Net loss was CAD 3.56 million compared to CAD 2.91 million a year ago.

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