ESGL Holdings Limited Reports Full Year 2023 Results
ESGL Holdings Limited - Class A Ordinary Shares (ESGL)
Company Research
Source: GlobeNewswire
Revenues increase by +23.5% to $6.2 million on higher waste volumes +4.8% gross margin expansion from 64.3% to 69.1% Company provides guidance for topline growth between +23% and +53% for 2024 SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL) (“ESGL” or the “Company”), a sustainable waste solutions provider whose mission is to upcycle industrial waste into circular products using innovative technologies and renewable energy, today reported its financial and operating results for the full year 2023. Financial Results Summary In 2023, revenue totaled $6.2 million, an increase of 23.5% compared to $5.0 million in 2022. Revenue was driven by higher waste volumes, driving waste disposal services to increase by $1.6 million, or 71.8% year-over-year, for 2023. The higher waste management revenue was primarily attributable to the increase in the collection and treatment of solid industrial wastes, waste plastics, waste wood, and chemical wastes.
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ESGL
Sec Filings
- 5/16/24 - Form 20-F
- 5/13/24 - Form 6-K
- 5/2/24 - Form 6-K
- ESGL's page on the SEC website