I-Tech AB reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 21.28 million compared to SEK 13.81 million a year ago. Revenue was SEK 22.49 million compared to SEK 13.83 million a year ago. Net income was SEK 4.22 million compared to SEK 0.925 million a year ago. Basic earnings per share from continuing operations was SEK 0.4 compared to SEK 0.1 a year ago. Diluted earnings per share from continuing operations was SEK 0.3 compared to SEK 0.1 a year ago.
For the nine months, sales was SEK 53.41 million compared to SEK 41.09 million a year ago. Revenue was SEK 55.19 million compared to SEK 41.19 million a year ago. Net income was SEK 6.26 million compared to net loss of SEK 1.04 million a year ago. Basic earnings per share from continuing operations was SEK 0.5 compared to basic loss per share from continuing operations of SEK 0.1 a year ago. Diluted earnings per share from continuing operations was SEK 0.5 compared to diluted loss per share from continuing operations of SEK 0.1 a year ago.