W5 Solutions 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 78.12 million compared to SEK 54.87 million a year ago. Revenue was SEK 78.43 million compared to SEK 54.75 million a year ago. Net income was SEK 5.32 million compared to SEK 2.9 million a year ago. Basic earnings per share from continuing operations was SEK 0.42 compared to SEK 0.28 a year ago.
For the full year, sales was SEK 178.09 million compared to SEK 141.97 million a year ago. Revenue was SEK 179.74 million compared to SEK 143.47 million a year ago. Net income was SEK 13.7 million compared to SEK 13.41 million a year ago. Basic earnings per share from continuing operations was SEK 1.13 compared to SEK 1.33 a year ago.