Serstech AB reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was SEK 3.29 million compared to SEK 7.08 million a year ago. Revenue was SEK 5.85 million compared to SEK 9.85 million a year ago. Net loss was SEK 2.89 million compared to net income of SEK 1.1 million a year ago. Basic loss per share from continuing operations was SEK 0.03 compared to basic earnings per share from continuing operations of SEK 0.02 a year ago.
For the full year, sales was SEK 21.97 million compared to SEK 26.4 million a year ago. Revenue was SEK 24.28 million compared to SEK 31.36 million a year ago. Net loss was SEK 10.25 million compared to SEK 6.73 million a year ago. Basic loss per share from continuing operations was SEK 0.13 compared to SEK 0.1 a year ago.