AVTECH Sweden AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 6.4 million compared to SEK 3.3 million a year ago. Revenue was SEK 6.6 million compared to SEK 4.6 million a year ago. Net income was SEK 1.4 million compared to SEK 0.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.03 compared to SEK 0.01 a year ago. Diluted earnings per share from continuing operations was SEK 0.03 compared to SEK 0.01 a year ago.
For the six months, sales was SEK 11.7 million compared to SEK 6 million a year ago. Revenue was SEK 12.1 million compared to SEK 7.6 million a year ago. Net income was SEK 2.1 million compared to net loss of SEK 1.7 million a year ago. Basic earnings per share from continuing operations was SEK 0.04 compared to basic loss per share from continuing operations of SEK 0.03 a year ago. Diluted earnings per share from continuing operations was SEK 0.04 compared to diluted loss per share from continuing operations of SEK 0.03 a year ago.