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30.04.2018 23:42:10
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Photocat A/S: 1st Quarter Interim Report 2018
Main highlights during the first quarter 2018
- Delivered first order for Photocat Garden in 2018.
- Lauzon Flooring grants Stonetreatment A/S distribution rights in Europe.
- Stonetreatment expands distribution in Denmark through the retail chain Johannes FOG.
- Lauzon reports strongest quarter ever. Up 56 % from Q4 2016 and 19 % higher than its previous strongest quarter.
- Photocat launched monthly newsletter initiative.
- Photocat secured project in Mexico. The project size is apx. 14,000 m2.
- Photocat established partnership with Renotech for the distribution and application rights of ShineOn.
- Photocat expands customer base within bitumen roofing.
Main highlights after the first quarter of 2018
- Secured loan of 2 MDKK from senior management and key investors.
- First order of actiFLOOR technology in 2018 substantially above expectations.
- Renotech launches online platform for ShineOn projects and chosen applicators.
- Photocat held the event "Clean Air with Photocatalysis", The event hosted Professor Akira Fujishima (the inventor of photocatalysis).
| Amounts in DKK '000s |
1 Jan - 31 Mar 2018 |
1 Jan - 31 Mar 2017 |
Year-to-date 2018 |
Year-to-date 2017 |
Full Year 2017** |
| Revenue from photocatalytic fluid | 887.4 | 3,249.9 | 887.4 | 3,249.9 | 4,303.4 |
| Revenue from Consultancy, Equipment & Other | 119.3 | 121.6 | 119.3 | 121.6 | 1,767.4 |
| Gross Profit | -324.5 | 1,112.8 | -324.5 | 1,112.8 | -327.8 |
| EBITDA | -998.4 | -167.4 | -998.4 | -167.4 | -4,537 |
| P/L before Tax | -1,558.5 | -946.7 | -1,558.5 | -946.7 | -7,150.2 |
| Net Profit | -1,473.2 | -946.7 | -1,473.2 | -946.7 | -6,827.6 |
| Total Assets | 15,087.4 | 23,197.5 | 15,087.4 | 23,197.5 | 15,981.3 |
| Equity | 9,847.6 | 17,579.7 | 9,847.6 | 17,579.7 | 11,320.7 |
| Debt | 5,239.8 | 5,617.8 | 5,239.8 | 5,617.8 | 4,610.5 |
| Cash at Hand | 1 | 6,081.2 | 1 | 6,081.2 | 811.1 |
| ** Audited | |||||
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Photocat A/S via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Photocat A/S via Globenewswire
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