Kardan N.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 2.86 million compared to EUR 2.61 million a year ago. Revenue was EUR 3.19 million compared to EUR 3.49 million a year ago. Net loss was EUR 19.94 million compared to EUR 24.66 million a year ago. Basic loss per share from continuing operations was EUR 0.82 compared to EUR 0.53 a year ago. Basic loss per share was EUR 0.82 compared to EUR 1.01 a year ago.
For the nine months, sales was EUR 8.12 million compared to EUR 7.21 million a year ago. Revenue was EUR 9.64 million compared to EUR 9.8 million a year ago. Net loss was EUR 0.751 million compared to net income of EUR 366.11 million a year ago. Basic loss per share from continuing operations was EUR 1.89 compared to basic earnings per share from continuing operations of EUR 33.56 a year ago. Basic loss per share was EUR 0.03 compared to basic earnings per share of EUR 31.52 a year ago. Diluted loss per share was EUR 0.03.