Avila Energy Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 1.45 million compared to CAD 0.445316 million a year ago. Net loss was CAD 3.55 million compared to net income of CAD 0.058479 million a year ago.

Basic loss per share from continuing operations was CAD 0.03. Diluted loss per share from continuing operations was CAD 0.03.