Quantafuel ASA reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was NOK 14.8 million compared to NOK 1.39 million a year ago. Net loss was NOK 75.02 million compared to NOK 21.79 million a year ago. Basic loss per share from continuing operations was NOK 0.5 compared to NOK 0.2 a year ago. Diluted loss per share from continuing operations was NOK 0.5 compared to NOK 0.2 a year ago.
For the nine months, sales was NOK 31.47 million compared to NOK 3.64 million a year ago. Net loss was NOK 215.58 million compared to net income of NOK 82.38 million a year ago. Basic loss per share from continuing operations was NOK 1.3 compared to basic earnings per share from continuing operations of NOK 0.6 a year ago. Diluted loss per share from continuing operations was NOK 1.3 compared to diluted earnings per share from continuing operations of NOK 0.6 a year ago.