HydrogenPro ASA – Second quarter 2023 results
Delivering strong results in technology development, revenue, and manufacturing, creating a solid foundation for further global expansion.15 August 2023 - HydrogenPro (OSE: HYPRO): Today, HydrogenPro published its Q2 2023 report and presentation that includes a detailed description of the revised priorities. Highlights: · Revenues of NOK 137 million, up 64% vs. Q1 2023 (NOK 83.4 million) and up >17x vs. Q2 2022 (NOK 7.8 million) · Gross margin of 21.6%, stable development from Q1 2023 · Completed private placement of NOK 120 million for initial phase of US expansion · Test