Thunderful 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 986.5 million compared to SEK 1,196.7 million a year ago. Revenue was SEK 1,013.9 million compared to SEK 1,124.8 million a year ago. Net loss was SEK 587.1 million compared to net income of SEK 130.4 million a year ago. Basic loss per share from continuing operations was SEK 8.35 compared to basic earnings per share from continuing operations of SEK 1.86 a year ago. Diluted loss per share from continuing operations was SEK 8.35 compared to diluted earnings per share from continuing operations of SEK 1.86 a year ago.
For the full year, sales was SEK 2,970.6 million compared to SEK 3,052.9 million a year ago. Net loss was SEK 609.4 million compared to net income of SEK 121.2 million a year ago. Basic loss per share from continuing operations was SEK 8.67 compared to basic earnings per share from continuing operations of SEK 1.72 a year ago. Diluted loss per share from continuing operations was SEK 8.67 compared to diluted earnings per share from continuing operations of SEK 1.72 a year ago.