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 | |||||
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