Smart Wires Technology Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported revenue was USD 19.21 million compared to USD 8.3 million a year ago. Net loss was USD 16.77 million compared to USD 16.92 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 4.81 a year ago.
For the full year, sales was USD 2.19 million compared to USD 8.89 million a year ago. Revenue was USD 47.52 million compared to USD 15.44 million a year ago. Net loss was USD 64.96 million compared to USD 63.11 million a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 17.52 a year ago.