During the fourth quarter of 2023, the company's strategic direction remained in focus. We are aware that the products and smaller systems we have previously sold have had to and will have to take a back seat for a period of time in favour of the investment we are now making in the industrial sector. We have now achieved significant breakthroughs in our efforts to be able to grow towards the market segment that is largest and most mature in the fossil-free hydrogen sector - large industrial projects, comments
For the full CEO-comment, see the Interim report in its entirety.
Quarter for the Group October-
- Revenues amounted to
SEK 1.4 (12.3) million. -
Earnings before depreciation and amortization (EBITDA) amounted to
SEK -17.4 (-12,1) million. -
Operating profit (EBIT) amounted to
SEK -20.6 (-5.6)* million. -
Profit/loss after financial items amounted to
SEK -24.4 (2.7)* million. -
Earnings per share amounted to
SEK -0.07 (0,01)*.
Period for the Group January-
- Revenues amounted to
SEK 67.2 (67.1) million. -
Earnings before depreciation and amortization (EBITDA) amounted to
SEK -62.1 (-35.1) million. -
Operating profit (EBIT) amounted to
SEK -73.4 (-47.3)* million. -
Profit/loss after financial items amounted to
SEK -77.8 (-50.4)* million. -
Earnings per share amounted to
SEK -0.23 (-0.17)*. - The Board of Directors proposes that no dividend is to be paid for the 2023 financial year.
*In Q4 2022, the principle regarding the reporting of goodwill on additional investment in subsidiaries was adjusted, which resulted in reduced depreciation during 2022.
Significant events during and after the quarter
- On
November 9 ,Metacon announces that they enter into a strategic partnership with WattAnyWhere for the rollout of off-grid EV charging stations. -
On
November 13 ,Metacon announces approved CE marking of HHG 50 for the production of green hydrogen from biogas. -
On
November 23 ,Metacon announced that it had entered into a Memorandum of Understanding with PERIC regarding a strategic partnership for the manufacture and sale ofMetacon's hydrogen generators on the Chinese market. -
On
December 4 ,Metacon announces a change of name of its subsidiary Helbio S.A toMetacon S.A. -
On
December 20 , the Board of Directors ofMetacon announces its intention to decide on a rights issue of units of approximatelySEK 120 million . -
On
January 25, 2024 ,Metacon announces an exclusive license agreement with PERIC for rights to build a "Gigafactory" for the manufacture of its own electrolysis plants. -
On
January 25, 2024 , the Board of Directors ofMetacon announces a rights issue of units of approximatelySEK 119 million and announces the terms of the rights issue. -
On
February 20, 2024 ,Metacon announces the final outcome of the rights issue.
This information is information that
For additional information, contact
About
Further information can be found at:
www.metacon.se | Twitter: @Metaconab | LinkedIn: www.linkedin.com/company/metaconab
https://news.cision.com/metacon-ab/r/metacon-publishes-year-end-report-for-2023,c3953980
https://mb.cision.com/Main/17030/3953980/2702067.pdf
https://mb.cision.com/Public/17030/3953980/90d89364a5645f20.pdf
(c) 2024 Cision. All rights reserved., source