AVTECH Sweden AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 8.5 million compared to SEK 6.6 million a year ago. Revenue was SEK 8.7 million compared to SEK 6.9 million a year ago. Net income was SEK 3.1 million compared to SEK 2.2 million a year ago. Basic earnings per share from continuing operations was SEK 0.054 compared to SEK 0.039 a year ago. Diluted earnings per share from continuing operations was SEK 0.054 compared to SEK 0.039 a year ago.
For the nine months, sales was SEK 22.8 million compared to SEK 18.4 million a year ago. Revenue was SEK 23.3 million compared to SEK 19 million a year ago. Net income was SEK 6.6 million compared to SEK 4.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.12 compared to SEK 0.08 a year ago. Diluted earnings per share from continuing operations was SEK 0.12 compared to SEK 0.08 a year ago.