EnWave Q1 FY23 Revenue Declines 25% YoY, What About Adjusted EBITDA?
EnWave Corporation (OTCPK:NWVCF) (TSX-V:ENW) (FSE:E4U) released financial results for the first quarter ended December 31, 2022, revealing revenue of CA$4.71 million ($3.48 million), a 5% decrease compared to CA$4.97 million in Q4 FY 2022 and a 25% decrease compared to CA$6.3 million in Q1 FY 2022.