Eagle Filters Group´s financial statements 2023 published
Eagle Filters Group´s financial statements for 2023 have been published.
The financial statements and the auditor’s report are available attached to this release and at the company’s website at: https://eaglefiltersgroup.com/reports-and-presentations/.
Following the financial statement bulletin, published on 29th February 2024 the following adjustment and new information has been made in the financial statements:
- Events after the reporting period has been updated with preliminary unaudited information regarding Eagle Filters Oy. Eagle Filters Oy´s Q1 2024 revenue was EUR 2.2 million (49 %) growth from the comparison period and EBITDA was positive.
- A cut-off adjustment regarding one customer delivery of EUR 412 432 has been made between H1 and H2 2023, resulting in EUR 412 432 higher revenue in H2 2023 and lower revenue in H1 2023.
- In deviation to the previously published non audited Financial Statement 2023, a correction on the group balance sheet has been made from reserve for invested non-restricted equity to retained earnings of EUR 3 104 434.
- The abovementioned adjustments do not impact full year 2023 revenue or result.
For more information:
Jarkko Joki-Tokola, CEO, Eagle Filters Group Oyj. jarkko@eaglefiltersgroup.com
About Eagle Filters Group Oyj
Eagle Filters Group is a material science company that aims to enable a green and healthy environment.
Eagle provides high performance filtration solutions that cut CO2 emissions and increase profitability of the energy industry. Eagle’s technology improves performance and energy efficiency while cutting costs. The technology is being used by some of the world’s largest energy utilities.
The company group is listed on First North Growth Market Finland under the ticker EAGLE. The Company’s Certified Adviser is Carnegie Investment Bank AB (publ).