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SaltX Technology Holding AB Year-end Report 2023

SaltX Technology is a Swedish Greentech company that develops and markets sustainable technology that benefits customers, the climate, and society. Today, the company issued its Year-end Report for 2023. 

“We are at the beginning of industrialization and commercialization, where we now level up to meet the growing demand for our electrification technology. We aim to become an industrial supplier significantly reducing global carbon dioxide emissions." 

– Carl-Johan Linér, CEO SaltX 

Presentation of the Year-end Report 
The report is presented in a video interview where SaltX CEO Carl-Johan Linér talks about the quarter that has passed, answers questions from shareholders, and describes the company's plans going forward. Feel free to continue sending questions via email: investors@saltxtechnology.com 

 

CEO interview, Year-end Report 2023 with Carl-Johan Linér – https://youtu.be/3omVw_LRsy4

FINANCIAL EVENTS 

The fourth quarter 

  • Net sales amounted to MSEK 16.9 (0.0) 
  • Operating profit/loss (EBIT) totaled MSEK -17.1 (-15.9) 
  • Cash flow from operating activities amounted to MSEK -33.3 (-9.1) 
  • Earnings per share before and after dilution amounted to SEK -0.10 (-0.15)

Full-year January – December

  • Net sales amounted to MSEK 26.0 (0.3) 
  • Operating profit/loss (EBIT) totaled MSEK -47.1 (-55.6) 
  • Cash flow from operating activities amounted to MSEK -36.9 (-47.7) 
  • Earnings per share before and after dilution amounted to SEK -0.37 (-0.53)

SIGNIFICANT EVENTS 

The fourth quarter 

  • SaltX and SMA Mineral signed a Letter of Intent with Ovako Steel for the use of climate-neutral quicklime in steel production
  • SaltX received a partial order of approximately MSEK 70 for deliveries to the world’s first electrified quicklime manufacturing facility
  • SaltX began material testing at its newly opened test and research center
  • SaltX and Dalmia Cement started initial work on a pilot plant for electric cement production in India

After the end of the period 

  • SaltX was granted an EU patent for its transportable carbon dioxide capture and storage system

Read the full report here:
https://www.saltxtechnology.com/investor/news/financial-reports/

Stockholm February 16, 2024
Board & CEO 

For further information, please contact:   
Carl-Johan Linér (CEO) +46 705-32 08 08  
Harald Bauer (CFO) +46 708-10 80 34  

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This information is such information that SaltX Technology Holding AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the care of the above contact persons, for publication on February 16, 2024, at 08.00 CET. 

About SaltX Technology  
SaltX is a Swedish Greentech company that develops and markets sustainable technology that will benefit customers, the climate, and society. The company operates within the electrification of emission-intensive industries such as the lime and cement industries. SaltX Technology's share is listed on the Nasdaq First North Premier Growth Market. For more information, visit: www.saltxtechnology.com.

 
Stockholm, 2024-02-16