ArcticZymes Technologies Q1 2022 Results
Tromsø, Norway, 28[th] April 2022 – ArcticZymes Technologies (OSE: AZT) reported sales of NOK 49.2 million (40.9) and an EBITDA of NOK 27.9 million (25.8) for the first quarter of 2022.Highlights from Q1 2022 · ArcticZymes Technologies (AZT) had Q1 sales of NOK 49.2 million growing by 21% (Q1 2021: NOK 40.9 million) · Positive EBITDA of NOK 27.9 million (Q1 2021: NOK 25.8 million) · Cash flow for Q1 was positive NOK 14.2 million (Q1 2021: NOK 23.2 million) giving a cash balance of NOK 214.6 million (Q1 2021: NOK 163.3 million) · Signed a new OEM supply deal with a leading