Wejo Group Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1.62 million compared to USD 0.542 million a year ago. Net loss was USD 55.39 million compared to net income of USD 0.254 million a year ago. Basic loss per share from continuing operations was USD 0.58 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.58 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.
For the six months, sales was USD 2.18 million compared to USD 0.847 million a year ago. Net loss was USD 95.74 million compared to USD 102.1 million a year ago. Basic loss per share from continuing operations was USD 1.01 compared to USD 2.8 a year ago. Diluted loss per share from continuing operations was USD 1.01 compared to USD 2.8 a year ago.