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 53.944 million compared to EUR 44.088 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. Earnings per share was EUR 0.27 compared to loss per share of EUR 0.05 a year ago.