Vidhance AB reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 16.53 million compared to SEK 20.53 million a year ago. Revenue was SEK 16.62 million compared to SEK 20.76 million a year ago.

Net loss was SEK 4.02 million compared to net income of SEK 5.1 million a year ago. Basic loss per share from continuing operations was SEK 0.88 compared to basic earnings per share from continuing operations of SEK 1.12 a year ago. Diluted loss per share from continuing operations was SEK 0.88 compared to diluted earnings per share from continuing operations of SEK 1.12 a year ago.