Formycon AG reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was EUR 42.5 million compared to EUR 36.61 million a year ago. Net income was EUR 35.99 million compared to net loss of EUR 13.29 million a year ago.

Basic earnings per share from continuing operations was EUR 2.62 compared to basic loss per share from continuing operations of EUR 1.2 a year ago. Diluted earnings per share from continuing operations was EUR 2.59 compared to diluted loss per share from continuing operations of EUR 1.2 a year ago.