AdvertisementSANDNES, Norway, May 23, 2024 /PRNewswire/ — Desert Control AS (DSRT) announces its first-quarter report and interim financial results for the fiscal period ending 31 March 2024. Desert Control is off to a strong start in 2024. First Quarter 2024[first quarter 2023 in brackets]• Revenue NOK 1.3M [NOK 1,9M]• EBITDA NOK -14.7M [NOK -23.4M]• Net Income NOK -7,8 [NOK -19.3M]• Total cash balance 31.03.24 (incl. other current financial assets) NOK 105,1M[NOK 56,7M]• Equity 31.03.2024 NOK 115,4M (equity ratio 96,7%) [NOK 86.0M (89.0%)]Cautionary Note:Disclaimer related to forward-looking statements. This release contains forward-looking information and statements relating to the business, performance, and items that may be interpreted to impact the results of Desert Control and/or the industry and markets in which Desert Control operates.

Source: The Bubble May 23, 2024 17:09 UTC