Sinch AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 7,532 million compared to SEK 7,361 million a year ago. Net income was SEK 144 million compared to net loss of SEK 226 million a year ago. Basic earnings per share from continuing operations was SEK 0.17 compared to basic loss per share from continuing operations of SEK 0.27 a year ago. Diluted earnings per share from continuing operations was SEK 0.17 compared to diluted loss per share from continuing operations of SEK 0.27 a year ago.
For the full year, sales was SEK 29,128 million compared to SEK 28,096 million a year ago. Net income was SEK 42 million compared to net loss of SEK 4,943 million a year ago. Basic earnings per share from continuing operations was SEK 0.05 compared to basic loss per share from continuing operations of SEK 6.03 a year ago. Diluted earnings per share from continuing operations was SEK 0.05 compared to diluted loss per share from continuing operations of SEK 6.03 a year ago.