CIBT Education Group Inc. reported earnings results for the first quarter ended November 30, 2022. For the first quarter, the company reported sales was CAD 4.95 million compared to CAD 3.89 million a year ago. Revenue was CAD 18.33 million compared to CAD 17.07 million a year ago.

Net loss was CAD 1.4 million compared to net income of CAD 0.241 million a year ago. Basic loss per share from continuing operations was CAD 0.02. Diluted loss per share from continuing operations was CAD 0.02.