Modelon AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 19.1 million compared to SEK 16.1 million a year ago. Revenue was SEK 19.2 million compared to SEK 16.4 million a year ago. Net loss was SEK 11.6 million compared to SEK 15.9 million a year ago. Basic loss per share from continuing operations was SEK 1.05 compared to SEK 1.45 a year ago.
For the nine months, sales was SEK 58.3 million compared to SEK 49 million a year ago. Revenue was SEK 58.9 million compared to SEK 49.9 million a year ago. Net loss was SEK 42.2 million compared to SEK 46.2 million a year ago. Basic loss per share from continuing operations was SEK 3.83 compared to SEK 4.19 a year ago.