Coala-Life Group AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 11.6 million compared to SEK 1 million a year ago. Revenue was SEK 9.1 million compared to SEK 0.7 million a year ago.

Net loss was SEK 35.1 million compared to SEK 31.4 million a year ago. Basic loss per share from continuing operations was SEK 0.3 compared to SEK 0.9 a year ago. Diluted loss per share from continuing operations was SEK 0.3 compared to SEK 0.9 a year ago.