OTI Greentech Unveils 2022 Annual Report: Key Insights & Highlights Revealed

• OTI Greentech AG, an international provider of sustainable chemicals and services for industrial applications, has published its Annual Report 2022.
• The final figures align with the preliminary figures published on June 21, 2023.
• The audited consolidated figures show earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR -223 thousand on sales of EUR 16.47 million.
• Total assets as of Dec. 31, 2022, amount to EUR 11.3 million and the equity ratio at the end of 2022 was 30.7 percent.
• For 2023, OTI Greentech AG expects a positive EBITDA with sales of around EUR 17.3 million.
• OTI Greentech's patented surfactant based technology provides sustainable and cost-efficient solutions for various industrial cleaning challenges, with potential for application in land remediation.