OXE Marine AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 19 million compared to SEK 26.04 million a year ago. Revenue was SEK 32.85 million compared to SEK 31.4 million a year ago.

Net loss was SEK 27.47 million compared to SEK 23.51 million a year ago. Basic loss per share from continuing operations was SEK 0.09 compared to SEK 0.1 a year ago. Diluted loss per share from continuing operations was SEK 0.09 compared to SEK 0.1 a year ago.