AVTECH Sweden AB (publ) reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SEK 25 million compared to SEK 14.4 million a year ago. Revenue was SEK 25.9 million compared to SEK 16.4 million a year ago.

Net income was SEK 6.1 million compared to net loss of SEK 1.4 million a year ago. Basic earnings per share from continuing operations was SEK 0.11 compared to basic loss per share from continuing operations of SEK 0.02 a year ago. Diluted earnings per share from continuing operations was SEK 0.11 compared to diluted loss per share from continuing operations of SEK 0.02 a year ago.