Terranet AB reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 0.621 million compared to SEK 1.4 million a year ago. Net loss was SEK 8.31 million compared to SEK 17.62 million a year ago.

Basic loss per share from continuing operations was SEK 0.03 compared to SEK 0.06 a year ago. Diluted loss per share from continuing operations was SEK 0.03 compared to SEK 0.06 a year ago.