IBU-tec advanced materials AG reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was EUR 54.3 million compared to EUR 44.52 million a year ago. Revenue was EUR 60.31 million compared to EUR 48.78 million a year ago.

Net income was EUR 1.28 million compared to net loss of EUR 0.234631 million a year ago. Basic earnings per share from continuing operations was EUR 0.27 compared to basic loss per share from continuing operations of EUR 0.05 a year ago.