Flow Traders Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 49.5 million compared to EUR 84 million a year ago. Revenue was EUR 51.4 million compared to EUR 83.5 million a year ago. Net loss was EUR 4.3 million compared to net income of EUR 11.2 million a year ago. Basic loss per share from continuing operations was EUR 0.1 compared to basic earnings per share from continuing operations of EUR 0.26 a year ago.
For the six months, sales was EUR 160 million compared to EUR 232.7 million a year ago. Revenue was EUR 161.9 million compared to EUR 231.4 million a year ago. Net income was EUR 23.5 million compared to EUR 63.5 million a year ago. Basic earnings per share from continuing operations was EUR 0.54 compared to EUR 1.46 a year ago. Diluted earnings per share from continuing operations was EUR 0.52 compared to EUR 1.41 a year ago.