Aduro Clean Technologies présente ses résultats financiers pour 2024 et fait le point sur la fin de l’année
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 13 2024
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Source: Globenewswire
Financial Performance: Aduro Clean Technologies reported a 208% increase in revenue for the fiscal year 2024, reaching CAD 337,516, while operating losses rose to CAD 7,436,861. The company maintained strong cash flow and continued investments in research and development.
Technological Advancements: Aduro has filed a new patent for a more efficient process to convert plastic waste into high-value BTX chemicals and is collaborating with TotalEnergies on optimizing recycling processes. They are also conducting semi-industrial tests for their next-generation technology aimed at improving plastic waste conversion rates.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
