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    AIRX ME   NO0010895568

AIRTHINGS ASA

(AIRX ME)
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Real-time Oslo Bors  -  10:25 2022-07-01 am EDT
3.600 NOK   -2.44%
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Airthings releases the Breathe Better Report: Airthings Sustainability Journey 2021

05/16/2022 | 08:35am EDT
(Oslo, Norway - May 16, 2022) Airthings (AIRX), the global leader in air quality
monitoring and energy-saving solutions, today releases its "Breathe Better
Report: Airthings Sustainability Journey 2021".  

The report includes Communication on Progress (COP) for the period of March 2021
- March 2022 as part of the UN Global Compact (UNGC) and has been prepared in
accordance with the principles of the UNGC and in line with the Sustainable
Development Goals (SDGs). 

Airthings uses the SDGs as a framework for its ESG actions and has prioritized
six SDGs where the company can contribute directly and indirectly: 3 - Health
and wellbeing, 4 - quality education, 8 - decent work and economic growth, 11 -
sustainable cities and communities, 12 - responsible consumption and production,
and 13 - climate action.

The 2021 report lists fifteen sustainability highlights. Among these, the
company reports that they educated over 500 000 people about air quality last
year, launched a child-focused education program called Air for Kids, completed
product lifecycle assessments, and quantified scope one, two, and three
emissions for the company. 

"As leaders in indoor air quality monitoring and focused on the health and
wellbeing of people, sustainability is close to our hearts and fundamental to
our core values. We remain fully committed to the UN Sustainable Development
Goals (SDGs), and strongly believe that our solutions have the potential to
improve many of the environmental and societal challenges we face. At Airthings
we believe a sustainable business is a good business," says CEO Øyvind Birkenes.

In February 2022, Airthings was awarded a Silver Sustainability Rating from
EcoVadis, being ranked in the top 25% of all companies evaluated and higher than
78% of its peers. The company has also been dedicated to enabling real estate
owners and facility managers to reduce their energy usage. In February,
Airthings reported that they had saved their customers more CO2e emissions in
2021 than the company themselves had emitted in operations.

Please also see www.airthings.com/sustainability. 

For questions or interview/meeting requests, please contact:

Øyvind Birkenes - CEO
T: +47 922 43 551
E: o.birkenes@airthings.com

Jeremy Gerst - CFO
T: +47 455 11 103
E: jeremy.gerst@airthings.com

About Airthings:
Airthings is a global technology company and producer of award-winning radon and
indoor air quality monitors for homeowners, businesses, and professionals.
Founded in 2008, Airthings is on a mission to ensure that people around the
world recognize the impact of indoor air quality and take control of their
health through simple, affordable, and accurate technology solutions while
optimizing energy consumption in buildings. Airthings' products have made radon
detection and indoor air quality monitoring easy to deploy, accurate, and user
friendly, and have received several accolades including the TIME's Best
Inventions award and CES Innovation Award Honors. Headquartered in the heart of
Oslo, Norway, and with offices in the US and Sweden the company has over 140
employees from more than 30 nationalities-and counting. To see the full range of
Airthings indoor air quality monitors and radon detectors or to learn more about
the importance of continuous air quality monitoring, please visit airthings.com

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

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Financials
Sales 2022 404 M 40,6 M 40,6 M
Net income 2022 -93,6 M -9,39 M -9,39 M
Net cash 2022 237 M 23,8 M 23,8 M
P/E ratio 2022 -6,81x
Yield 2022 -
Capitalization 638 M 64,6 M 64,0 M
EV / Sales 2022 0,99x
EV / Sales 2023 0,68x
Nbr of Employees 148
Free-Float 57,1%
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Spread / Average Target 231%
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Managers and Directors
ěyvind Birkenes Chief Executive Officer
Jeremy Gerst Chief Financial Officer
Aksel Lund Svindal Chairman
Audhild Andersen Randa Chief Operating Officer
Geir F°rre Director
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