Elon 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 1,427.4 million compared to SEK 1,089.4 million a year ago. Revenue was SEK 1,447.4 million compared to SEK 1,093.5 million a year ago. Net income was SEK 13.9 million compared to SEK 22.1 million a year ago. Basic earnings per share from continuing operations was SEK 0.94 compared to SEK 4.24 a year ago. Diluted earnings per share from continuing operations was SEK 0.94 compared to SEK 4.24 a year ago.
For the nine months, sales was SEK 3,622.3 million compared to SEK 3,047.9 million a year ago. Revenue was SEK 3,661.8 million compared to SEK 3,068.8 million a year ago. Net income was SEK 2.6 million compared to SEK 35.2 million a year ago. Basic earnings per share from continuing operations was SEK 0.17 compared to SEK 6.76 a year ago. Diluted earnings per share from continuing operations was SEK 0.17 compared to SEK 6.76 a year ago.