Vadsbo SwitchTech Group 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 10.31 million compared to SEK 7.7 million a year ago. Revenue was SEK 10.31 million compared to SEK 7.8 million a year ago. Net loss was SEK 0.887 million compared to net income of SEK 0.034 million a year ago. Basic loss per share from continuing operations was SEK 0.049 compared to basic earnings per share from continuing operations of SEK 0.002 a year ago.
For the nine months, sales was SEK 34.93 million compared to SEK 27.23 million a year ago. Revenue was SEK 35.18 million compared to SEK 27.39 million a year ago. Net loss was SEK 2.4 million compared to SEK 1.27 million a year ago.