Martello Technologies Group Inc. reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was CAD 4.03 million compared to CAD 4.27 million a year ago. Net loss was CAD 1.34 million compared to CAD 2.16 million a year ago.
For the full year, sales was CAD 16.1 million compared to CAD 17.54 million a year ago. Net loss was CAD 25.19 million compared to CAD 8.22 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to CAD 0.03 a year ago.