Azelio 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 10.74 million compared to SEK 30.84 million a year ago. Revenue was SEK 11.06 million compared to SEK 31.37 million a year ago. Net loss was SEK 113.74 million compared to SEK 91.6 million a year ago. Basic loss per share from continuing operations was SEK 0.98 compared to SEK 0.79 a year ago. Diluted loss per share from continuing operations was SEK 0.98 compared to SEK 0.79 a year ago.
For the nine months, sales was SEK 63.16 million compared to SEK 109.08 million a year ago. Revenue was SEK 64.2 million compared to SEK 110.7 million a year ago. Net loss was SEK 381.53 million compared to SEK 256.95 million a year ago. Basic loss per share from continuing operations was SEK 3.29 compared to SEK 2.29 a year ago. Diluted loss per share from continuing operations was SEK 3.29 compared to SEK 2.29 a year ago.