Vadsbo SwitchTech Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 7.7 million compared to SEK 7.38 million a year ago. Revenue was SEK 7.8 million compared to SEK 7.41 million a year ago. Net income was SEK 0.034 million compared to net loss of SEK 0.203 million a year ago. Basic earnings per share from continuing operations was SEK 0.002 compared to basic loss per share from continuing operations of SEK 0.014 a year ago. Diluted earnings per share from continuing operations was SEK 0.002.
For the nine months, sales was SEK 27.23 million compared to SEK 27.2 million a year ago. Revenue was SEK 27.39 million compared to SEK 27.37 million a year ago. Net loss was SEK 1.27 million compared to net income of SEK 0.527 million a year ago.