Coala-Life Group AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 9.3 million compared to SEK 1 million a year ago. Revenue was SEK 6.9 million compared to SEK 1.1 million a year ago. Net loss was SEK 53.4 million compared to SEK 111 million a year ago. Basic loss per share from continuing operations was SEK 0.8 compared to SEK 6.3 a year ago. Diluted loss per share from continuing operations was SEK 0.8 compared to SEK 6.3 a year ago.
For the full year, sales was SEK 16.8 million compared to SEK 4.1 million a year ago. Revenue was SEK 13 million compared to SEK 4.1 million a year ago. Net loss was SEK 141.9 million compared to SEK 150.7 million a year ago. Basic loss per share from continuing operations was SEK 2.1 compared to SEK 25.4 a year ago. Diluted loss per share from continuing operations was SEK 2.1 compared to SEK 25.4 a year ago.