MPC Energy Solutions publishes Annual Report 2022, reports revenues of USD 3.6 million; significant growth projected for 2023
Amsterdam/Oslo – 31 March 2023 – MPC Energy Solutions (MPCES) published its annual report and financial statements for 2022 today. As shared by the company during the Capital Markets Day it hosted on Wednesday, MPCES reported USD 3.6 million in revenues and USD 2.1 million project-level earnings before interest, taxes, depreciation and amortization (EBITDA). On the group level, MPCES recorded an adjusted operating profit (adjusted EBITDA) of USD 0.2 million (including USD 2.4 million gains from bargain purchases). The reported net loss for the financial year 2022 was USD 5.6 million as