Induct AS reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was NOK 5.05 million compared to NOK 4.36 million a year ago. Revenue was NOK 5.82 million compared to NOK 5.16 million a year ago. Net loss was NOK 2.32 million compared to net income of NOK 0.231 million a year ago.

For the full year, the company reported sales was NOK 18.93 million compared to NOK 12.88 million a year ago. Revenue was NOK 21.39 million compared to NOK 15.21 million a year ago. Net loss was NOK 4.41 million compared to NOK 2.55 million a year ago.