IAR Systems Group AB (publ) reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was SEK 91.6 million compared to SEK 90.7 million a year ago. Net loss was SEK 105.4 million compared to net income of SEK 12 million a year ago.

Basic loss per share from continuing operations was SEK 7.72 compared to basic earnings per share from continuing operations of SEK 0.88 a year ago. Diluted loss per share from continuing operations was SEK 7.72 compared to diluted earnings per share from continuing operations of SEK 0.88 a year ago.