DistIT AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 530.1 million compared to SEK 720.7 million a year ago. Revenue was SEK 553.1 million compared to SEK 720.8 million a year ago. Net loss was SEK 222 million compared to SEK 1.4 million a year ago. Basic loss per share from continuing operations was SEK 7.9 compared to SEK 0.1 a year ago.
For the full year, sales was SEK 2,112.6 million compared to SEK 2,558.5 million a year ago. Revenue was SEK 2,155 million compared to SEK 2,565.5 million a year ago. Net loss was SEK 418.6 million compared to SEK 16.9 million a year ago. Basic loss per share from continuing operations was SEK 17.63 compared to SEK 1.21 a year ago.