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  • Marcus Hummer

    CEO


    Agern Allé 5A 2970 Hørsholm

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    Bawat’s Guidance on 2024 Key Financials

    Publish Date: 7 Jan 2025, 09:15 CET Due to contracted but delayed Ballast-as-a Service (BaaS) jobs as well as a delay in capital raise for investment in mobile units for BaaS, the full year 2024 Sales and EBITDA will be lower than guidance. The EBITDA break-even forecast for Q1 2025 is unchanged. With client’s postponement in executing contracted BaaS jobs to Q1 2025, as well as delay in initiating investment in two new mobile units for BaaS jobs, sales of approximately 16 mill SEK and EBITDA of 5 mill SEK are delayed from H2 2024 to H1 2025. FY 2024 guidance is now 15-16 mill SEK in

    Bawat Water Technologies AB has received a full subscription undertaking in an upcoming directed share issue of DKK 10 million (approximately SEK 15.4 million)

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW. REFER TO "IMPORTANT INFORMATION" IN THE END OF THIS PRESS RELEASE FOR FURTHER INFORMATION.   Hørsholm, Denmark, December 30, 2024 – The board of directors of Bawat Water Technologies AB (”Bawat” or

    Bawat Secures Major BaaS Contract from Yard in Denmark

    Hørsholm, Denmark, October 1, 2024 – Bawat Water Technologies AB (Bawat) is pleased to announce that it has secured a significant BaaS (Ballast as a Service) contract with a yard in Denmark. The order, valued at approximately SEK 5m, comes with potential for similar additional scope. The order underlines Bawat's strategic focus on the BaaS market and its growth potential. The yard customer has engaged Bawat to ensure that ballast water from a large vessel is treated to newly implemented D2 discharge standard prior yard activity. This service will be concluded over the next few months.

    Bawat Water Technologies AB: BAWAT Announces Q2 Report 2024

    Hørsholm, Denmark, August 31, 2024 – Bawat Water Technologies AB (BAWAT) today announces its Q2 Report for 2024. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022. First BaaS installation permanent in place in Hamburg Port and continued efforts to introduce BaaS (Ballast-as-a-Service) in larger scale to market.   Q2 2024   · Sales in H1 was SEK 8.9m, slightly higher than H2 2023.

    Bawat Water Technologies AB has resolved on a directed share issue of approximately SEK 25 million

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW. REFER TO "IMPORTANT INFORMATION" IN THE END OF THIS PRESS RELEASE FOR FURTHER INFORMATION.   Hørsholm, Denmark, August 22, 2024 – The board of directors of Bawat Water Technologies AB (”Bawat” or the

    Correction to Bawat's Q1 Report 2024

    Bawat Q1 2024 Interim Report is missing information about number of circulating shares. The number of circulating shares at the end of March 2024 was 55,353,621 (Q1 2023 39,542,371). The average number of circulating shares for Q1 2024 was 54,327,467 (Q1 2023 39,542,371). Further, 457,850 (Q1 2023 458,650) warrants are circulating. The exercise impact of the warrants is not included above. The warrants are out of the money and thus insignificant. FOR MORE INFORMATION, PLEASE CONTACT: Investors & Media: Marcus P. Hummer, CEO, E-mail: mph@BAWAT.com John B. Henriksen, CFO, E-

    Announcement from the Annual General Meeting in Bawat Water Technologies AB on 30 May 2024

    Bawat Water Technologies AB held its Annual General Meeting on 30 May 2024. The main resolutions passed at the meeting were as follows. More detailed information about the contents of the resolutions may be obtained from the complete notice of the annual general meeting and the complete proposals, which are available on the company’s website.Adoption of income statements and balance sheets The meeting resolved to adopt the income statement and the balance sheet, as well as the consolidated income statement and the consolidated balance sheet for the financial year 2023.Allocation

    Bawat Water Technologies AB: BAWAT Announces Q1 Report 2024

    Hørsholm, Denmark, May 30th, 2024 – Bawat Water Technologies AB (BAWAT) today announces its Q1 Report for 2024. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022.   Delivery of first BaaS (Ballast as a Service) service job in the quarter in Northern Europe with more jobs in April and May. Q1 2024   · Sales is trailing behind prorate for the Full Year due low conversion of back-

    Bawat BaaS Ready to Service the Port of Hamburg: Setting the Standard for Environmental Responsibility

    Pittsburgh, USA, 14th May 2024 – The Authority for Environment, Climate, Energy, and Agriculture (BUKEA) in Hamburg, Germany has become the first major European authority to issue a discharge permit to Bawat BaaS.  This permit allows for mobile reception, treatment, and discharge of ballast water from vessels in the port of Hamburg, marking a significant step forward in environmental stewardship.With full implementation of the IMO Ballast Water Management Convention approaching in September 2024, vessels worldwide are required to comply with the D2 ballast water discharge standard.

    Bawat Water Technologies AB publishes its 2023 Annual Report

    Bawat Water Technologies AB (“Bawat” or the “Company”) is pleased to publish its 2023 Annual Report for the year ended 31 December 2023. The attached 2023 Annual Report is also available on the Company’s website: https://investor.bawat.com/company-reports/ For further information, please contact: Marcus P. HummerCEO Bawat+45 8870 8803mph@bawat.comwww.bawat.com Certified Adviser:Svensk Kapitalmarknadsgranskning ABwww.skmg.se About Bawat The development of an entirely new approach to ballast water treatment utilizing onboard waste heat to treat ballast water led

    Notice of annual general meeting in Bawat Water Technologies AB

    Unofficial English translation for information purposes only. If there aredifferences between the English translation and the Swedish original, theSwedish text will take precedence.     The shareholders of Bawat Water Technologies AB are hereby given notice to the annual general meeting that will be held on Thursday, May 30, 2024 at 10:00 am. at the premises of Advokatfirman Lindahl, Studentgatan 6 in Malmö, Sweden.   Right to attend and notification Shareholders wishing to attend the meeting must   (i)                   be entered as a shareholder in the share

    Arctic Securities Research Report: Bawat - Set for strong growth in 2024

    Arctic Securities Equity presents their latest Research Report, "Bawat - Set for strong growth in 2024”. Here short summary from Arctic Securities Equity: Set for strong growth in 2024 Bawat’s Q4 order intake came in slightly above our expectations, leading to a FY-23 order intake of SEK 42m and in line with the guided range. In this update, we have made some adjustments to align with the changes in the JV structure with Damen for the sale of Mobile Solutions. Driven by the strong backlog and continued order intake growth, we estimate 2024 revenue of SEK 53m and EBITDA of SEK -12m,

    Bawat Water Technologies AB: BAWAT Announces Q4 Report 2023

    Hørsholm, Denmark, February 21, 2024 – Bawat Water Technologies AB (BAWAT) today announces its Q4  Report for 2023. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022. Doubling Order Intake and profit margin Y-o-Y and Full year 2024 guidance   Q4 2023 · Order intake in Q4 2023 elevated the full year order intake to SEK 41.8m (Guidance SEK 40-50m), a significant 131% increase from

    Bawat BaaS Helps Vessel with Urgent Ballast Water Treatment Need

    Hørsholm, Denmark, 8th Feb 2024. A very recent case underscores the critical need for effective Ballast Reception Facilities in ports, where Bawat BaaS delivered a timely and cost-effective - Ballast as a Service - solution to a vessel facing deballasting challenges in Bremen Port.   Last week, a vessel attempting to deballast in Bremen Port found itself in a challenging situation. Despite an installed ballast water treatment system, the vessel could not deballast in compliance with IMO discharge standards and was faced with either leaving the port to perform a ballast water exchange

    NEWS: Bawat Water Technologies AB - CEO Marcus Hummer purchases shares

    Bawat Water Technologies AB announces that its CEO, Marcus Hummer, has acquired 75,838 shares in the open market on January 16, 2024. The average purchasing price stood at 1.93 SEK/share, contributing to Marcus Hummer's current holdings of 451.440 shares. As Bawat Water Technologies continue to advance in the ballast water treatment sector, the share purchase serves as a testament to the leadership's belief in the company's potential. For more information on Bawat's Investor Relations, please visit Bawat IR .

    Bawat Water Technologies AB has resolved on directed share issues of approximately SEK 7 million to fully match the Nefco-financing

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE FURTHER REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW. REFER TO "IMPORTANT INFORMATION" IN THE END OF THIS PRESS RELEASE FOR FURTHER INFORMATION.   Hørsholm, Denmark, January 15, 2024 – The board of directors of Bawat Water Technologies AB (”Bawat” or

    Bawat Receives Order for Two Mobile BWMS Units to Its BaaS Business

    Hørsholm, Denmark, December 20th, 2023 – Bawat proudly announces the successful sale of two mobile Ballast Water Management System (BWMS) units in the United States to its innovative Bawat BaaS platform.   As a pioneering force in sustainable ballast water treatment technology and services, Bawat continues to demonstrate its commitment to providing efficient solutions that meet industry demands.   Marcus Hummer, CEO of Bawat said: "We are delighted that our service solution, Bawat BaaS, has once again proven its immense value. Our focus on contingency planning and facilitating

    Bawat Water Technologies AB: BAWAT Announces Q3 Report 2023

    Hørsholm, Denmark, November 21, 2023 – Bawat Water Technologies AB (BAWAT) today announces its Q3 Report for 2023. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022. Full year guidance and highlights Q3 2023 · The Order Intake for the quarter including orders received up until this press release supports a narrower target guidance for the year from the previously SEK 40-60m range to a SEK

    Damen Green Solutions and Bawat A/S joint venture marks official signing for Mobile Ballast Water Management Systems

    Friday, 10th November 2023, Damen Green Solutions and Bawat A/S have formally signed the agreementto solidify their joint venture in the development and sales of cutting-edge mobile Ballast Water Management Systems (BWMS). The joint venture, operating under the collective name "Bawat Damen", marks a significant step in revolutionizing mobile ballast water management solutions. Under the joint venture, Bawat A/S will provide its innovative system for treating ballast water, leveraging its patented pasteurisation process that eradicates organisms without the use of chemicals, filters, or

    Bawat Water Technologies AB: BAWAT Announces Q2 Report 2023

    Hørsholm, Denmark,August 22, 2023– Bawat Water Technologies AB (BAWAT) today announces its Q2 Report for 2023. The report is available on Bawat’s website (investor.bawat.com) BAWAT is a leading supplier of sustainable ballast water treatment technology and services. BAWAT was listed on Nasdaq First North Premier Growth Market in Stockholm in March 2022.  Highlights Q2 2023 – closed financing round successfully. First long-term service order in BaaS. Order intake in line with guidance and margins are still increasing. · Order intake in the second quarter was SEK 11.21m. · The

    Bawat Water Technologies Secures Fleet Order for Ballast Water Management Systems

    Hørsholm, Denmark, 28th June 2023 - Bawat Water Technologies, a leading provider of innovative ballast water treatment solutions, is pleased to announce the receipt of a fleet order for its Ballast Water Management System (BWMS) from a European customer. This order encompasses 10+ vessels and represents a value of approximately 10.5 million SEK. The magnitude of this order reaffirms Bawat's Order Intake guidance for 2023, set between 40-60 million SEK. The sales value from this order will be realized over the next 14-18 months.   Marcus Hummer, CEO of Bawat Water Technologies,

    Bawat reaches financing agreement with Nefco to scale up its ballast water management system business

    Ballast water discharged from shipping poses a serious environmental and economic threat due to the spreading of invasive species. With Nefco financing, Bawat will scale up its patented ballast water treatment system to reduce the environmental impact of shipping. Nefco – The Nordic Green Bank – has signed a loan agreement with Bawat , a Nordic company providing an environmentally friendly solution for ballast water treatment. Bawat’s system uses heat to pasteurise ballast water, making it a simple, cost-efficient, flexible and sustainable solution that requires

    Announcement from the Annual General Meeting in Bawat Water Technologies AB on 7 June 2023

    Bawat Water Technologies AB held its Annual General Meeting on 7 June 2023. The meeting resolved to adopt the profit and loss account and balance sheet, as well as the consolidated profit and loss account and consolidated balance sheet for the financial year 2022.Disposition of the company's earningsThe meeting resolved that the company's results shall be balanced carried forward and that no dividend shall be paid for the financial year 2022.Discharge from liabilityThe meeting resolved to discharge the Directors and the CEO from liability towards the company for the financial

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