OptiCept Technologies AB

OPTI

SE0005881786

Fishing & Farming

Market Closed - Nasdaq Stockholm Other stock markets 11:29:32 2024-04-26 am EDT			5-day change	1st Jan Change
2.6 ^SEK	-1.89%		-3.70%	-33.16%

Apr. 12	OptiCept Technologies AB Files Patent Application for Combined PEF and VI Treatment of Fruit and Vegetable Products	CI
Apr. 09	OptiCept Technologies AB Receives Order from Aceites Canoliva S.L	CI

Year-end report January-December 2023: Partnership and new offer (OptiBoost Inside) in focus

February 27, 2024 at 01:01 am EST

OptiCept Technologies AB (publ),(ticker: OPTI) today published the year-end report for 2023 (January – December 2023), which is available on the company's website: https://investor.opticept.se/finansiell-information/finansiella-rapporter/

SIGNIFICANT EVENTS IN Q4 2023

• OptiCept Technologies AB carried out a directed issue
• OptiCept delves into the solid food industry with a groundbreaking partnership alongside a world-leading food technology company
• OptiCept Technologies recruits a new CFO
• OptiCept Technologies changes Certified Adviser to Carnegie Investment Bank AB (publ)
• OptiCept reports successful test results from cuttings pilot project in China

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

• Convertible owners call for the conversion of loans of SEK 5 million into shares in OptiCept Technologies AB
• OptiCept Technologies AB has decided on the previously announced directed issue of shares to lenders following the request for loan conversion
• OptiCept: Successful verification of PEF technology for fast growing processed potato market
• OptiCept receives key order from partner
• OptiCept has signed agreement with world-leading company in the production and cultivation of ornamental cuttings

FINANCIAL OVERVIEW

KSEK (unless otherwise stated)*	Q4 (Oct-Dec)		Q1-Q4 (Jan-Dec)
	2023	2022	2023	2022
Net revenue**	940	1 907	9 641	11 834
Operating Income	-23 064	-36 794	-73 599	-96 516
Result for the period	-21 873	-40 945	-80 442	-100 093
Open orders	28 599	30 190	28 599	30 190
Reported EBITDA	-18 007	-29 852	-53 608	-77 296
Net result for the period	387 278	473 324	387 278	473 324
Cash & cash equivalents	14 115	94 710	14 115	94 710
Equity	350 265	396 141	350 265	396 141
Equity ratio (%)	90%	84%	90%	84%
Average number of shares in the period	38 370 632	20 839 854	32 424 149	20 138 518
Number of shares at the end of the period	40 182 185	29 567 582	40 182 185	29 567 582
Earnings per share before and after dilution (SEK)	-0,57	-1,96	-2,48	-4,97
Cash flow from operating activities	-15 343	-19 584	-84 251	-73 126
Total Cash flow	1 947	66 831	-80 578	26 673

For information regarding alternative performance measures, please refer to Note 5.
* Rounding may occur so that in some cases the amounts do not add up
** For information regarding net revenue, please refer to Note 2.

"The last quarter and the time after that have been a very exciting time for the company. Partnerships with strong players are emerging and the way forward is now very clear. We are now also very pleased to present a new offer to the flower industry - "OptiBoost Inside". With "OptiBoost Inside" we understand that we are addressing several of the industry's challenges by replacing the packaging with nutrient solution that comes with bouquets", says Thomas Lundqvist, CEO of OptiCept Technologies

About Us

OptiCept Technologies AB (publ) provides the food and plant industry with technological solutions that contribute to a more sustainable world and enable climate-smart economic growth. OptiCept optimizes biological processes - Increased extraction from raw material, extended shelf life, reduced waste, and improved quality (taste, aroma, color, nutritional content) of the final product.

The positive effects of technology increase efficiency for our customers, better products for the consumers, and minimal impact on our environment. Through patented technology in PEF (pulsed electric field) and VI (Vacuum Infusion), the technology opens up new business opportunities for the food and plant industry worldwide. OptiCept's vision is to contribute to a sustainable world by offering efficient green cutting-edge technology that is easy to use in the areas of FoodTech and PlantTech.

The company is located in Lund and the share is traded on the Nasdaq First North Growth Market (ticker: OPTI). The Company’s Certified Adviser is Carnegie Investment Bank AB (publ).

For further information visit:
OptiCept Technologies Official Website

Latest news about OptiCept Technologies AB

OptiCept Technologies AB Files Patent Application for Combined PEF and VI Treatment of Fruit and Vegetable Products	Apr. 12	CI
OptiCept Technologies AB Receives Order from Aceites Canoliva S.L	Apr. 09	CI
OptiCept Technologies AB Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
OptiCept Technologies AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 27	CI
OptiCept Signs Agreement with Florensis BV in the Production and Cultivation of Ornamental Cuttings	Feb. 23	CI
OptiCept Technologies and FPS Food Process Solutions Corp Successfully Completes the Verification of its PEF Technology for Processed Potato Market	Jan. 17	CI
OptiCept Technologies AB Receives First Partial Results from the Pilot Project to Improve the Staining of Cuttings in China	Dec. 22	CI
OptiCept Technologies AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 28	CI
OptiCept Technologies Names New CFO	23-10-20	MT
OptiCept Technologies AB Announces CFO Changes	23-10-20	CI
OptiCept Technologies Establishes Strategic Alliance with FPS Food Process Solutions Corp	23-10-14	CI
OptiCept Technologies Signs Commercial Agreement for Forest Cuttings in Brazil	23-09-27	CI
OptiCept Expands Cooperation for Cuttings in China	23-09-21	CI
OptiCept Technologies Teams Up with Canada's FPS for Food Processing Venture	23-09-11	MT
OptiCept Technologies Enters into A Letter of Intent in Partnership with FPS Food Processing Solutions	23-09-08	CI
Sweden's OptiCept Technologies Lands Deal with Juice Maker, Shares Drop 8%	23-09-05	MT
Opticept Technologies Enters Agreement with A Juice Producer in Central Europe	23-09-05	CI
OptiCept Technologies AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-29	CI
OptiCept Enters into Collaboration and Evaluation Agreement with a European Flower Importer	23-07-20	CI
OptiCept Technologies AB Completes First Planned Test with the JuiceCEPTÂ®? Technology in One of Dole's Production Facilities	23-06-20	CI
Sweden's OptiCept in Talks for Commercial Deal with Chilean Pulp and Paper Company	23-06-16	MT
Cmpc in Chile Informs Opticept That They Intend to Implement the Optiboost Technology in Commercial Production	23-06-16	CI
Opticept Technologies AB Accelerate Sales Efforts in Forestry Cuttings and Cut Flowers While Syngenta Focuses on Ornamental Cuttings	23-06-16	CI
OptiCept Technologies AB Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-05	CI
OptiCept Technologies AB Expands Collaboration with Aperam BioEnergia LTDA	23-03-03	CI

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Company Profile

OptiCept Technologies AB, formerly OptiFreeze AB is a Sweden-based company, which provides the food and plant industry with high-tech solutions that contribute to a more sustainable world and enable climate-smart economic growth. OptiCept optimizes biological processes - Increased extraction from the raw material, extended shelf life, reduced waste, and improved quality (taste, aroma, color, nutritional content) of the final product. Through patented technology within PEF (pulsed electric field) and VI (Vacuum Infusion), the technology opens up new business opportunities for the food and plant propagation industry worldwide. OptiCept's purpose is to contribute to a sustainable world by offering efficient green cutting-edge technology that is easy to use in the areas of FoodTech and PlantTech.

Sector

Fishing & Farming

Calendar

2024-05-13 - Q1 2024 Earnings Release

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