Main highlights during the fourth quarter of 2018
- Successfully participated at the Danish Conference, Building Green, with a first ever real-life demonstration of photocatalytic acoustic panels for indoor application.
- The first NOxOFF project secured in the Municipality of Frederiksberg (Langelands plads).
- The Municipality of Frederiksberg launches 2019 plan for the implementation of NOxOFF.
- Lauzon reports continued growth. The fourth quarter showed a 19 % growth compared to the fourth quarter in 2017. For the full year their growth is close to 50 % compared to 2017
- Photocat saw its phase 2, and final application, for a photocatalytic exhibition project (MUDP “Fyrtårn”) approved by the Danish Environmental Protection Agency (Danish EPA). The project will run over a period of three years and the Danish EPA has granted the project a commitment of 3.5 MDKK.
- Photocat initiates dialogue and is selected to be part of the Skagen Havn Dual Port Surface project.
Main highlights after the fourth quarter of 2018
- Photocatalytic wood wool acoustics launched by Fibrolith in Germany with Photocat technology under the brand Pure Genius™.
- Photocat A/S held an extraordinary general meeting giving the board of directors a mandate to increase the share capital in order to finance growth activities.
- Skagen Havn is granted additional funds for a photocatalytic pilot program as part of the EU programme Dual Port.
- Photocat A/S is granted rights to apply the PureGenius™ brand name to future indoor applications.
| Amounts in DKK ‘000s | 1 Oct – 31 Dec 2018 | 1 Oct – 31 Dec 2017 | Year-to-date 2018 | Full Year 2017** |
| Revenue from photocatalytic fluid | 447.4 | 810.2 | 4,458.8 | 4,303,4 |
| Revenue from Consultancy, Equipment & Other | 179.7 | 121.5 | 822.5 | 1,767,4 |
| Gross Profit | -538.8 | 362.9 | -271.7 | -327,8 |
| EBITDA | -979.9 | -191.0 | -3,042.1 | -4,537.0 |
| P/L before Tax | -1,483.8 | -747.4 | -5,286,7 | -7,150,2 |
| Net Profit | -1,302.5 | -669.5 | -5,020.1 | -6,827,6 |
| Total Assets | 14,638.0 | 15,981,3 | 14,638.0 | 15,981,3 |
| Equity | 7,667.3 | 11,320,7 | 7,667.3 | 11,320,7 |
| Debt | 6,970.7 | 4,610,5 | 6,970.7 | 4,610,5 |
| Cash at Hand | 37.4 | 811,1 | 37.4 | 811,1 |
| ** Audited | ||||
The information in this interim report requires Photocat A/S to publish the information in accordance with the EU Market Abuse Regulation and the Securities Market Act, The information was submitted for publication on 4 February 2019 at 17:45 CET.
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