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.
不列顛哥倫比亞省溫哥華/ACCESSWIRE /2024年5月30日/領先的碳項目開發商和氣候解決方案公司奧斯特羅姆氣候解決方案公司（“奧斯特羅姆氣候公司” 或 “公司”）（多倫多證券交易所股票代碼：COO）（法蘭克福：9EA）今天公佈了截至2024年3月31日的第一季度財務業績。
First Quarter Financial Highlights:
第一季度財務摘要：
- 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年第一季度的收入達到926,719美元，較2023年第一季度的525,617美元增長了76.3％，這得益於經驗證的減排（VER）單位的強勁銷售。
- 該季度的毛利爲143,545美元，較2023年第一季度的220,759美元有所下降，這反映了協議中特定的較低利潤率銷售條款。
- 該公司公佈的季度淨虧損爲1,080,234美元，較去年同期的淨虧損490,198美元有所擴大，這主要是由於運營費用增加、毛利率下降以及公司氣候智能農業項目產生的進一步開發成本。
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.
- 在本季度，奧斯特羅姆繼續推進其項目管道，主要是通過增加菲律賓的氣候智能農業活動和擴大碳項目開發。
- 在公司最近爲資助這些戰略舉措而籌集的125萬美元股權資本的支持下，該公司專注於開發高質量的碳項目，預計將推動未來的增長。
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."
奧斯特羅姆氣候首席執行官菲爾·庫爾表示：“我們第一季度的業績反映了動態市場中的機遇和挑戰。”“收入的大幅增長表明了我們強大的市場地位和對碳信用額度的不斷增長的需求。但是，我們淨虧損的增加凸顯了我們在項目開發方面的投資。隨着我們在2024年取得進展，我們將繼續致力於提高運營效率，並利用對高質量碳信用額和氣候解決方案的高需求。”
About Ostrom Climate Solutions Inc.
關於奧斯特羅姆氣候解決方案公司
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.
奧斯特羅姆是北美領先的碳項目開發和管理服務、氣候解決方案和碳信用營銷提供商之一。在過去的12年中，奧斯特羅姆在全球範圍內針對自願和受監管的市場對森林碳項目進行了驗證和驗證，開發了1600萬英畝的林地用於保護，並通過超過1000萬個碳信用額度獲利。Ostrom團隊總部位於加拿大不列顛哥倫比亞省溫哥華，業務遍及全球，與包括財富500強公司在內的全球200多個組織合作，與本土利益相關者合作管理項目，並在新興市場擁有豐富的實地經驗。
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).
奧斯特羅姆專注於開發對環境、當地社區和生物多樣性產生積極影響的高質量碳項目。奧斯特羅姆在多倫多證券交易所（COO）和法蘭克福證券交易所（9EA）公開上市。
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請訪問我們。
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For more information regarding the Company, please contact:
如需了解有關本公司的更多信息，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
奧斯特羅姆氣候解決方案公司
322 Water St #400, 溫哥華, BC V6B 1B6, 加拿大
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.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
Cautionary Statement Regarding Forward Looking Statements
關於前瞻性陳述的警示聲明
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 “前瞻性陳述” 的陳述。前瞻性陳述是不是歷史事實的陳述，通常以 “期望”、“計劃”、“預期”、“相信”、“打算”、“估計”、“項目”、“潛力” 和類似表述來識別，或者 “將”、“將”、“可能” 或 “應該” 發生的事件或條件。儘管公司認爲此類前瞻性陳述中表達的預期是基於合理的假設，但此類陳述並不能保證未來的業績，實際業績或現實可能與前瞻性陳述中存在重大差異。前瞻性陳述基於公司管理層在聲明發表之日的信念、估計和觀點。除非法律要求，否則公司沒有義務在管理層的信念、估計或觀點或其他因素髮生變化時更新這些前瞻性陳述。
SOURCE: Ostrom Climate Solutions Inc
來源：奧斯特羅姆氣候解決方案公司
譯文內容由第三人軟體翻譯。