Enersize's H1 company brief can be found on the company's website enersize.com. Below is a translation of selected parts of the H1-report originally published in Swedish on August 20, 2021, with the title "Enersize offentliggör halvårsrapport 2021".
April – June 2021
Net sales for the second quarter 2021 amounted to EUR 49,156 (35,384).
Operating profit (EBIT) for the second quarter 2021 amounted to EUR -517,825 (-373,937).
Profit before appropriations and taxes for the second quarter 2021 amounted to EUR -610,293 (-414,638).
Average number of employees for the second quarter 2021 amounted to 10.0 (10.5).
January - June 2021
Net sales for the second quarter 2021 amounted to EUR 121,905 (89,285).
Operating profit (EBIT) for the second quarter 2021 amounted to EUR -915,141 (-705,105).
Profit before appropriations and taxes for the second quarter 2021 amounted to EUR -1,024,870 (-758,274).
Average number of employees for the second quarter 2021 amounted to 9.5 (8.5).
Significant events during 2021
First quarter
Enersize signs Partnership Agreement with Moroccan partner SCOPP Solutions SARLAU Capital 100.000DH.
The company is invited by World Wide Fund for Nature to participate in their work to reduce resources used by supplier factories in India.
Enersize signs Letter of Intent with eClouds Energy LLP in India.
Erik Sundqvist assumes the role as CFO for Enersize.
Second quarter
Enersize receives its first order from Moroccan partner SCOPP Solutions.
Saint Gobain Sweden AB ISOVER in Billesholm orders a subscription of Compressed Air Services from Enersize.
Live broadcast and release of the new Enersize.
Enersize enters into an agreement regarding a credit facility of in total SEK 8.4 million with a smaller group of investors.
Enersize agrees on extension of ongoing pilot projects with Scania Industrial Maintanance AB.
Significant events after the period
Partnership Agreement is signed with South Korean Das Korea.
Enersize receives order from Morocco through local partner SCOPP Solutions.
South Korean partner Das Korea orders equipment to be used with Enersize’s Compressed Air Services.
Summary of the Group’s indicators
EUR
2021 Q2
2020 Q2
2021 H1
2020 H1
2020 Full year
Net sales
49,156
35,384
121,905
89,285
222,209
Gross margin, %
63
48*
65
51*
59*
Operating profit (EBIT)
-517,825
-373,937
-915,141
-705,105
-1,856,189
EBIT margin, %
Neg.
Neg.
Neg.
Neg.
Neg.
Profit before appropriations and taxes
-610,293
-414,638
-1,024,870
-758,274
-2,180,835
Profit margin, %
Neg.
Neg.
Neg.
Neg.
Neg.
Earnings per share before and after dilution
-0.0026
-0.0041
-0.0044
-0.0074
-0.0094
Equity ratio, %
52.3
83.2
52.3
83.2
77.5
Balance sheet total
1,791,627
3,886,925
1,791,627
3,886,925
2,296,683
Cash flow from operating activities
-290,311
-121,528
-685,380
-501,002
-1,892,598
Average number of employees
10.0
10.5
9.5
8.5
9.0
*To increase comparability, consulting fees have been deducted from material and services when calculating the indicator since the consultant is now a permanent employee of the company.
Enersize Oy is a Finland-based company, engaged primarily in provision of compressed air systems related solutions. The Company develops software for efficient compressed air production and usage through data acquisition, cooling systems analysis, problem identification and implementations of changes. The Companyâs technology consists of three parts: sensor networks, cloud solutions and analysis tools. Sensor networks are developed together with the Companyâs partners. Cloud solutions enable data storage for big data analysis through Enersize tools and automated algorithms. Enersize analysts work on data in real time to adjust and optimize customer's compressed air system. The Companyâs main market is China. The Companyâs main shareholder is Cleantech Invest Oyj.
ENERSIZE OYJ 
