Urb-it AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 15.75 million compared to SEK 17.67 million a year ago. Revenue was SEK 15.76 million compared to SEK 17.77 million a year ago. Net loss was SEK 42.25 million compared to SEK 43.4 million a year ago. Basic loss per share from continuing operations was SEK 0.17 compared to SEK 0.21 a year ago. Diluted loss per share from continuing operations was SEK 0.17.
For the full year, sales was SEK 55.99 million compared to SEK 39.84 million a year ago. Revenue was SEK 56.07 million compared to SEK 40.04 million a year ago. Net loss was SEK 151.77 million compared to SEK 100.94 million a year ago. Basic loss per share from continuing operations was SEK 0.64 compared to SEK 0.51 a year ago.