Serstech AB reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 13.01 million compared to SEK 2.44 million a year ago. Revenue was SEK 13.12 million compared to SEK 2.61 million a year ago.

Net loss was SEK 1.74 million compared to SEK 6.58 million a year ago. Basic loss per share from continuing operations was SEK 0.01 compared to SEK 0.08 a year ago.