BM Technologies, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 13.48 million compared to USD 25.05 million a year ago. Net loss was USD 4.96 million compared to net income of USD 3.96 million a year ago.

Basic loss per share from continuing operations was USD 0.43 compared to basic earnings per share from continuing operations of USD 0.33 a year ago. Diluted loss per share from continuing operations was USD 0.43 compared to diluted earnings per share from continuing operations of USD 0.32 a year ago.