Ravad Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was ILS 3.76 million compared to ILS 3.07 million a year ago. Net loss was ILS 4.69 million compared to net income of ILS 6.94 million a year ago. Basic earnings per share from continuing operations was ILS 0.08 compared to ILS 0.15 a year ago. Basic loss per share was ILS 0.18 compared to basic earnings per share of ILS 0.27 a year ago. Diluted loss per share was ILS 0.18.