Seamless Distribution Systems 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 37.44 million compared to SEK 78.83 million a year ago. Revenue was SEK 42.46 million compared to SEK 85.36 million a year ago. Net loss was SEK 65.86 million compared to net income of SEK 5.41 million a year ago. Basic loss per share from continuing operations was SEK 6.3 compared to basic earnings per share from continuing operations of SEK 0.54 a year ago.
For the full year, sales was SEK 245.41 million compared to SEK 288.19 million a year ago. Revenue was SEK 279.25 million compared to SEK 303.44 million a year ago. Net loss was SEK 75.42 million compared to net income of SEK 6.02 million a year ago. Basic loss per share from continuing operations was SEK 7.3 compared to basic earnings per share from continuing operations of SEK 0.62 a year ago.