Urb-it AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 12.02 million compared to SEK 10.93 million a year ago. Revenue was SEK 12.02 million compared to SEK 10.97 million a year ago.

Net loss was SEK 34.31 million compared to SEK 39.06 million a year ago. Basic loss per share from continuing operations was SEK 0.02 compared to SEK 0.17 a year ago. Diluted loss per share from continuing operations was SEK 0.02.