Fragbite: Fragbite Group AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

Fragbite Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was SEK 59.92 million compared to SEK 64.53 million a year ago. Revenue was SEK 59.94 million compared to SEK 64.79 million a year ago. Net loss was SEK 23.4 million compared to SEK 19.7 million a year ago. Basic loss per share from continuing operations was SEK 0.01 compared to SEK 0.21 a year ago. Diluted loss per share from continuing operations was SEK 0.01 compared to SEK 0.2 a year ago. For the nine months, sales was SEK 201.12 million compared to SEK 186.55 million a year ago. Revenue was SEK 205.72 million compared to SEK 186.94 million a year ago. Net loss was SEK 85.99 million compared to SEK 71.65 million a year ago. Basic loss per share from continuing operations was SEK 0.03 compared to SEK 0.77 a year ago. Diluted loss per share from continuing operations was SEK 0.03 compared to SEK 0.74 a year ago.