Fragbite Group 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 78.68 million compared to SEK 76.55 million a year ago. Revenue was SEK 79 million compared to SEK 76.55 million a year ago. Net income was SEK 18.5 million compared to net loss of SEK 27.58 million a year ago. Basic earnings per share from continuing operations was SEK 0.17 compared to basic loss per share from continuing operations of SEK 0.3 a year ago. Diluted earnings per share from continuing operations was SEK 0.16 compared to diluted loss per share from continuing operations of SEK 0.3 a year ago.
For the full year, sales was SEK 265.24 million compared to SEK 265.1 million a year ago. Revenue was SEK 265.94 million compared to SEK 265.1 million a year ago. Net loss was SEK 53.15 million compared to SEK 103.11 million a year ago.