Photocat A/S: 4th Quarter Interim Report

2/16/2018, 5:30 PM (Source: GlobeNewswire)

Main highlights during the fourth quarter of 2017

  • S:T Erik launched its air+ brand in Sweden during the Nordic Road conference in October.
  • Delivered first order to S:T Eriks AB.
  • Asak Miljøstein exhibited ClearNOx at the leading building conference in Norway, "Bygg Reis Deg".
  • First political breakthrough in Roskilde as the political party "Venstre" puts photocatalysis on the agenda.
  • ShineOn patent granted in Europe.
  • Implemented changes to cost structure.
  • Participated at the Danish Conference Building Green with a first ever real-life demonstration of photocatalysis with commercially available NOxOFF products.
  • Delivered to new Spanish customer, Terrazo Ruiz.

Main highlights after the fourth quarter of 2017
  • Delivered first order for Photocat Garden in 2018.
  • Lauzon Flooring grants Stonetreatment A/S  distributions rights in Europe.
  • Lauzon reports strongest quarter ever. Up 56 % from Q4 2016 and 19 % higher than its previous strongest quarter.
  • Photocat launched monthly newsletter initiative. Registration is available on website, click here.
  • Photocat opened registrations for the event "Clean Air with Photocatalysis", register here. The event will host Professor Akira Fujishima (the inventor of photocatalysis). The event is hosted by Photocat together with the Carlsberg foundation in Copenhagen on the 24th of April.


 
Amounts in DKK '000s


1 Oct - 31 Dec
2017


1 Oct - 31 Dec
2016


1 Jan - 31 Dec
2017


1 Jan - 31 Dec
2016


Full Year
2016**


Revenue from photocatalytic fluid 810.2 656.6 4,303.4 4,446.0 4,446.0
Revenue from Consultancy, Equipment & Other 121.5 138.3 1,766.5 1,188.9 1,188.9
Gross Profit  362.9 - 1,646.9 - 83.2 - 2,593.9 -2,593.9
EBITDA - 191.0 - 3,094.8 - 4,349.7 - 7,341.5 - 7,341.5
P/L before Tax - 747.4 - 3,721.2 - 6,950.0 - 9,954.9 -9,954.9
Net Profit - 669.5 - 3,659.0 - 6,627.4 - 9,782.5 - 9,782.5
Total Assets 16,089.8 16,029.9 16,089.8 16,029.9 16,029.9
Equity 11,520.9 9,209.0 11,520.9 9,209.0 9,209.0
Debt 4,568.9 6,820.9 4,568.9 6,820.9 6,820.9
Cash at Hand 761.1 172.4 761.1 172.4 172.4
** Audited



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Source: Photocat A/S via Globenewswire

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