tortilla mexican grill plc said monday that it swung to a pretax loss in 2022 due to inflationary costs but that revenue rose 20 on year and that trading in 2023 so far has been in line with expectations the uk fastcasual mexican restaurant said it swung to a pretax loss of 930000 pounds 11 million compared with a profit of gbp23 million in 2021 mainly due to the food and energyprice inflation brought on by the war in ukraine revenue rose to gbp577 million from gbp481 million driven by the openings of 18 new sites in 2022 adjusted earnings before interest taxes depreciation and amortizationwhich strips out exceptional and other oneoff itemswas gbp39 million down from gbp87 million however 2021s figure included gbp39 million of vat benefit the company said trading in 2023 so far has been in line with expectations as likeforlike sales growth for the eight weeks to feb 26 is up 4 on year and up 11 when adjusted for vat the company said its board remains confident in performing in line with market expectations for the current year according to a companycompiled consensus revenue in 2023 is expected at gbp698 million with an adjusted ebitda of gbp50 million tortilla mexican grill said its board didnt recommend a dividend for 2022