Ostrom Climate Reports Fiscal Q1 2024 Financial Statements
Ostrom Climate Reports Fiscal Q1 2024 Financial Statements
VANCOUVER, BC / ACCESSWIRE / May 30, 2024 / Ostrom Climate Solutions Inc. ("Ostrom Climate" or the "Company") (TSX-V:COO)(Frankfurt:9EA), a leading carbon project developer and climate solutions company, today announced its financial results for the first quarter ended March 31, 2024.
溫哥華,BC / ACCESSWIRE / 2024年5月30日 / Ostrom氣候解決方案公司(以下簡稱“Ostrom Climate”或“公司”)(tsx-v:COO)(法蘭克福:9EA),一家領先的碳項目開發商和氣候解決方案公司,今天宣佈截至2024年3月31日的第一季度財務業績。
First Quarter Financial Highlights:
第一季度財務亮點:
- Q1 2024 revenue reached $926,719, an increase of 76.3% from $525,617 in Q1 2023, driven by robust sales in Verified Emission Reduction (VER) units.
- Gross profit for the quarter was $143,545, a decrease from $220,759 in Q1 2023, reflecting agreement specific lower-margin VER sales terms.
- The Company reported a quarterly net loss of $1,080,234, widening from a net loss of $490,198 in the same period last year, primarily due to increased operational expenses, a lower gross margin, and further development costs incurred on the Company's Climate-Smart Agriculture Project.
- 2024年第一季度營業收入達到926,719美元,比2023年第一季度的525,617美元增長76.3%,主要由覈查減排量(VER)單元銷售強勁推動。
- 該季度毛利潤爲143,545美元,較2023年第一季度的220,759美元有所下降,反映合同特定的低毛利率VER銷售條款。
- 公司本季度報告淨虧損1,080,234美元,較去年同期的淨虧損490,198美元擴大,主要是由於運營支出增加,毛利率較低以及公司的氣候智能農業項目後續開發成本增加。
Operational and Strategic Developments:
運營和戰略發展:
- During the quarter, Ostrom continued to advance its project pipeline, notably through increased activities in Climate-Smart Agriculture in the Philippines and expanded carbon project development.
- The company's focus on developing high-quality carbon projects is expected to drive future growth, supported by the Company's recent $1.25M equity capital raise to fund these strategic initiatives.
- 本季度,Ostrom繼續推進其項目管道,尤其是在菲律賓的氣候智能農業領域的活動增加以及擴大碳項目開發方面取得了進展。
- 公司專注於開發高質量的碳項目,這有望推動未來的增長,公司最近進行了125萬美元的股權融資,以支持這些戰略性舉措。
Management Commentary:
管理層評論:
"Our Q1 performance reflects both the opportunities and challenges in a dynamic market," stated Phill Cull, CEO of Ostrom Climate. "The significant increase in revenue demonstrates our strong market position and the growing demand for carbon credits. However, the increase in our net loss highlights the investments we're making in project development. As we progress through 2024, we remain committed to enhancing our operational efficiencies and capitalizing on the high demand for high-quality carbon credits and climate solutions."
“我們的第一季度業績反映了一個動態市場的機遇和挑戰,”Ostrom Climate的首席執行官Phil Cull表示。“營業收入的顯著增加表明我們強勁的市場地位和碳積分的日益增長的需求。然而,我們的淨虧損的增加突顯出我們在項目開發上所做的投資。隨着我們進入2024年,我們仍致力於提高我們的運營效率,並利用對高品質碳積分和氣候解決方案的高需求。”
About Ostrom Climate Solutions Inc.
關於Ostrom Climate Solutions Inc.
Ostrom is one of North America's leading providers of carbon project development and management services, climate solutions, and carbon credit marketing. Over the past 12 years, Ostrom has validated and verified forest carbon projects globally for voluntary and regulated markets, having developed 16 million acres of forest land for conservation and monetized over 10 million carbon credits. Based out of Vancouver, B.C., Canada, the Ostrom team has a global reach, has worked with over 200 organizations globally, including Fortune 500 companies, managed projects in partnership with indigenous stakeholders and has extensive on-ground experience in emerging markets.
Ostrom是北美碳項目開發和管理服務、氣候解決方案和碳積分市場領先供應商之一,在過去的12年裏,Ostrom在自願和監管市場上全球驗證和核實了森林碳項目,在保護森林土地1600萬英畝的同時,還實現了1000萬個碳積分的貨幣化。總部位於加拿大不列顛哥倫比亞省溫哥華市的Ostrom團隊具有全球影響力,與全球200多個組織合作,包括財富500強公司,在與土著利益相關方合作的項目管理方面實現了管理,全球新興市場經驗豐富。
Ostrom is focused on developing high-quality carbon projects that have a positive impact on the environment, local communities and biodiversity. Ostrom is publicly listed on the TSX Venture Exchange (COO) and the Frankfurt Stock Exchange (9EA).
Ostrom專注於開發對環境、當地社區和生物多樣性都產生積極影響的高質量碳項目。Ostrom在TSX Venture Exchange(COO)和法蘭克福證券交易所(9EA)上公開上市。
Please visit us at .
請訪問我們的網站。
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請在此處訂閱電子郵件獲取公司更新。
For more information regarding the Company, please contact:
有關公司更多信息,請聯繫:
Tej Virk
Ostrom Climate Solutions Inc.
322 Water St #400, Vancouver, BC V6B 1B6, Canada
Email: tej.virk@ostromclimate.com
Tej Virk
Ostrom Climate Solutions Inc.
加拿大卑詩省溫哥華市Water St #400,郵編V6B 1B6
電子郵件:tej.virk@ostromclimate.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.
TSX Venture Exchange及其監管服務提供商(如TSX Venture Exchange的政策中所定義的)不對此新聞稿的充分性或準確性承擔任何責任。
Cautionary Statement Regarding Forward Looking Statements
對於前瞻性陳述的聲明 本新聞稿中的各種聲明是美國1995年私人證券訴訟改革法案(Private Securities Litigation Reform Act of 1995)所規定的"前瞻性聲明"。本新聞稿中的所有聲明(除了歷史事實聲明)均可能構成爲前瞻性聲明,其中包括我們的前景、計劃、財務狀況、業務戰略以及預期的財務和營運結果。諸如"預期"、"相信"、"可以"、"可能"、"期待"、"估計"、"設計"、"目標"、"打算"、"可能"、"規劃"、"預測"、"項目"、"目標"、"大概"、"應該"、"將"和"會"等字眼和類似的表述或詞語,都能識別出前瞻性聲明。 前瞻性聲明基於當前預期,包含風險、情境變化、假設和不確定性。 前瞻性聲明不應被看作是對未來績效或結果的保證,也不可能準確地反映出這種績效或結果何時被實現。
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
本新聞稿包含某些可能被視爲“前瞻性聲明”的聲明。前瞻性聲明是指不是歷史事實並且通常但並非總是被辨認爲“預期”、“計劃”、“預計”、“相信”、“打算”、“估計”、“項目”、“潛在”和類似表達式的聲明,或者是事件或條件“將”、“會”、“可能”、“可能”或“應該”發生的聲明。儘管公司認爲這些前瞻性聲明所表達的期望基於合理的假設,但這些陳述並不保證未來的業績,實際結果或現實可能與前瞻性陳述中的陳述有所不同。前瞻性聲明是根據公司管理層在發表聲明時的信仰、估計和意見而作出的。除非法律要求,否則公司無義務在管理層的信仰、估計或意見或其他因素髮生變化時更新這些前瞻性聲明。
SOURCE: Ostrom Climate Solutions Inc
來源:Ostrom Climate Solutions Inc
譯文內容由第三人軟體翻譯。