Azelio AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 9.85 million compared to SEK 27.48 million a year ago. Revenue was SEK 10.43 million compared to SEK 27.8 million a year ago.

Net loss was SEK 114.48 million compared to SEK 130.32 million a year ago. Basic loss per share from continuing operations was SEK 0.36 compared to SEK 1.12 a year ago. Diluted loss per share from continuing operations was SEK 0.36 compared to SEK 1.12 a year ago.