Terranet AB reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 0.647 million compared to SEK 1.35 million a year ago. Net loss was SEK 9.23 million compared to SEK 9.34 million a year ago.

Basic loss per share from continuing operations was SEK 0.03 compared to SEK 0.03 a year ago. Diluted loss per share from continuing operations was SEK 0.03 compared to SEK 0.03 a year ago.