Modelon AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 16.1 million compared to SEK 14.1 million a year ago. Revenue was SEK 16.4 million compared to SEK 14.3 million a year ago. Net loss was SEK 15.9 million compared to SEK 10.9 million a year ago. Basic loss per share from continuing operations was SEK 1.45 compared to SEK 0.99 a year ago.
For the nine months, sales was SEK 49 million compared to SEK 53.1 million a year ago. Revenue was SEK 49.9 million compared to SEK 55.7 million a year ago. Net loss was SEK 46.2 million compared to SEK 27.3 million a year ago. Basic loss per share from continuing operations was SEK 4.19 compared to SEK 2.48 a year ago.