Quantafuel ASA reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was NOK 21.97 million compared to NOK 2.33 million a year ago. Net loss was NOK 88.7 million compared to NOK 73.04 million a year ago. Basic loss per share from continuing operations was NOK 0.6 compared to NOK 0.5 a year ago. Diluted loss per share from continuing operations was NOK 0.6 compared to NOK 0.5 a year ago.

For the full year, the company reported sales was NOK 53.44 million compared to NOK 5.16 million a year ago. Net loss was NOK 304.28 million compared to NOK 3.88 million a year ago. Basic loss per share from continuing operations was NOK 1.9. Diluted loss per share from continuing operations was NOK 1.9.