Otovo AS reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was NOK 97.52 million compared to NOK 39.99 million a year ago. Revenue was NOK 99.31 million compared to NOK 45.26 million a year ago.

Net loss was NOK 37.2 million compared to NOK 28.2 million a year ago. Basic loss per share from continuing operations was NOK 0.34 compared to NOK 0.39 a year ago. Diluted loss per share from continuing operations was NOK 0.34 compared to NOK 0.39 a year ago.