Arco Vara AS reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was EUR 0.253 million compared to EUR 0.302 million a year ago. Net loss was EUR 0.291 million compared to net income of EUR 0.016 million a year ago.

Basic loss per share from continuing operations was EUR 0.03. Diluted loss per share from continuing operations was EUR 0.03.