Vadsbo SwitchTech Group AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 12.63 million compared to SEK 8.23 million a year ago. Revenue was SEK 12.68 million compared to SEK 8.26 million a year ago.

Net loss was SEK 0.592 million compared to SEK 0.645 million a year ago. Basic loss per share from continuing operations was SEK 0.033 compared to SEK 0.045 a year ago.