SATO Technologies Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CAD 0.93486 million compared to CAD 0.683883 million a year ago.

Revenue was CAD 3.91 million compared to CAD 1.71 million a year ago. Net income was CAD 0.510745 million compared to net loss of CAD 2.11 million a year ago. Basic earnings per share from continuing operations was CAD 0.007.

Diluted earnings per share from continuing operations was CAD 0.007.