SMI Vantage Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported negative sales was USD 0.116 million compared to sales of USD 0.028 million a year ago. Net loss was USD 1.5 million compared to USD 0.525 million a year ago. Basic loss per share was USD 0.0036 compared to USD 0.0117 a year ago. Diluted loss per share was USD 0.0036 compared to USD 0.0117 a year ago.
For the full year, negative sales was USD 0.05 million compared to sales of USD 0.335 million a year ago. Net loss was USD 4.21 million compared to USD 5.38 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.0171 a year ago. Diluted loss per share was USD 0.01 compared to USD 0.0171 a year ago.