Otovo ASA reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was NOK 200.76 million compared to NOK 97.52 million a year ago. Revenue was NOK 204.95 million compared to NOK 99.31 million a year ago.

Net loss was NOK 96 million compared to NOK 37.2 million a year ago. Basic loss per share from continuing operations was NOK 0.7 compared to NOK 0.34 a year ago. Diluted loss per share from continuing operations was NOK 0.7 compared to NOK 0.34 a year ago.