Smart Wires Technology Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 8.2 million compared to USD 10.24 million a year ago. Net loss was USD 17.65 million compared to USD 24.15 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.35 a year ago.
For the six months, revenue was USD 10.9 million compared to USD 22.45 million a year ago. Net loss was USD 38.39 million compared to USD 40.33 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to USD 1.1 a year ago.