Umida Group AB (publ) reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was SEK 24.34 million compared to SEK 46.11 million a year ago. Revenue was SEK 11.89 million compared to SEK 33.37 million a year ago.

Net loss was SEK 6.15 million compared to net income of SEK 2.24 million a year ago.