Axactor ASA reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported revenue was EUR 63 million compared to EUR 13.98 million a year ago. Net income was EUR 9.41 million compared to net loss of EUR 35.07 million a year ago.

Basic earnings per share from continuing operations was EUR 0.035 compared to basic loss per share from continuing operations of EUR 0.104 a year ago. Basic earnings per share was EUR 0.031 compared to basic loss per share of EUR 0.116 a year ago.