Absolicon Solar Collector AB reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported negative sales was SEK 1.92 million compared to sales of SEK 12.84 million a year ago. Negative revenue was SEK 0.751 million compared to revenue of SEK 13.79 million a year ago. Net loss was SEK 55.58 million compared to SEK 21.51 million a year ago. Basic loss per share from continuing operations was SEK 9.72 compared to SEK 6.45 a year ago.
For the full year, sales was SEK 15.54 million compared to SEK 35.09 million a year ago. Revenue was SEK 18.37 million compared to SEK 38.34 million a year ago. Net loss was SEK 106.33 million compared to SEK 66.03 million a year ago. Basic loss per share from continuing operations was SEK 18.59 compared to SEK 19.8 a year ago.