Urb-it AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 12.16 million compared to SEK 11.32 million a year ago. Revenue was SEK 12.17 million compared to SEK 11.32 million a year ago. Net loss was SEK 39.11 million compared to SEK 35.39 million a year ago. Basic loss per share from continuing operations was SEK 0.02 compared to SEK 0.15 a year ago. Diluted loss per share from continuing operations was SEK 0.02 compared to SEK 0.15 a year ago.
For the nine months, sales was SEK 35.83 million compared to SEK 34.7 million a year ago. Revenue was SEK 35.85 million compared to SEK 34.78 million a year ago. Net loss was SEK 94.17 million compared to SEK 109.52 million a year ago. Basic loss per share from continuing operations was SEK 0.04 compared to SEK 0.46 a year ago. Diluted loss per share from continuing operations was SEK 0.04 compared to SEK 0.46 a year ago.