Polygiene Group AB reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 30.94 million compared to SEK 40.02 million a year ago. Revenue was SEK 33.29 million compared to SEK 40.07 million a year ago. Net loss was SEK 316.9 million compared to SEK 5.13 million a year ago. Basic loss per share from continuing operations was SEK 8.68 compared to SEK 0.14 a year ago. Diluted loss per share from continuing operations was SEK 8.47 compared to SEK 0.14 a year ago.

For the full year, the company reported sales was SEK 113.54 million compared to SEK 173.56 million a year ago. Revenue was SEK 119.46 million compared to SEK 173.73 million a year ago. Net loss was SEK 303.63 million compared to net income of SEK 21.84 million a year ago. Basic loss per share from continuing operations was SEK 8.31 compared to basic earnings per share from continuing operations of SEK 0.6 a year ago.