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Tuesday Oct 25, 2022
Tuesday Oct 25, 2022
Eneraqua Technologies, a specialist provider of energy and water efficiency solutions, present the interim results for the six months ended 31 July 2022, by Mitesh Dhanak, CEO & Iain Richardson, CFO.
They see a 92% uplift in H1 revenue and full revenue cover for FYJan23, whilst their investment in people and infrastructure underpins their growth strategy.
Mitesh Dhanak, CEO
00:16 - Introduction
00:32 - Executive Summary
01:29 - Overview of Eneraqua Technologies
02:12 - Technology IP
03:49 - Growth drivers
08:11 - Operational and Strategic highlights
Iain Richardson, CFO
09:37 - Financial highlights
11:37 - Group Revenue
12:50 - Income statement
14:19 - Balance sheet
16:15 - Cashflow
16:24 - Key commercial risks and mitigation
Mitesh Dhanak, CEO
17:14 - Investing in people
18:35 - Cenergist Energy & Cenergist water
Iain Richardson, CFO
23:33 - Growth Strategy
Mitesh Dhanak, CEO
24:56 - Summary and Outlook
Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group designs and delivers improved energy and water systems which utilise its wholly owned intellectual property, Control Flow HL2024. Energy was the first market the Company entered and this is the larger sector, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.
Water is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes. It has also expanded into agritech systems.
The activities in both areas are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.
The Company's main country of operation is the United Kingdom. The Company's head office is in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 144 employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.
To find out more, please visit: www.eneraquatechnologies.com
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