Smart Valor AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CHF 0.171494 million compared to CHF 1.75 million a year ago. Revenue was CHF 0.426515 million compared to CHF 2.46 million a year ago.

Net loss was CHF 0.703731 million compared to net income of CHF 0.126878 million a year ago. Basic loss per share from continuing operations was CHF 0.06 compared to basic earnings per share from continuing operations of CHF 0.01 a year ago.