Danavation Technologies Corp. reported earnings results for the first quarter ended October 31, 2022. For the first quarter, the company reported sales was CAD 0.428417 million compared to CAD 0.138211 million a year ago.

Net loss was CAD 1.3 million compared to CAD 1.52 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.