Oceansix Announces Full-Year 2023 Financial Results
May 01 2024 - 2:24PM
Business Wire
Oceansix Future Paths Ltd. (“Oceansix” or the “Company”), a
leader in sustainable technology and manufacturing, today announced
its financial results for the year ended December 31, 2023. The
Company is publicly traded on the TSX Venture Exchange (TSXV:
OSIX), the New York OTCQB (AKMYF), and the Frankfurt Stock Exchange
(WKN: A3EFB0).
Annual Financial Highlights:
- Sales Growth: Significant growth of sales in our key
subsidiary, Flome, showcasing strong market performance and product
demand.
- Bottom Line Improvement: Adjusted bottom line shows
considerable progress, factoring in recoverable impaired amounts
and other incomes.
- E-commerce Focus: The e-commerce project remains central to our
strategy, with promising updates expected soon.
- Shareholder Support: Strong commitment from existing
shareholders to support and expand their stakes in the company,
underlining confidence in our growth trajectory.
Financial Statements and Detailed Analysis
The full consolidated financial statements and the related
Management Discussion and Analysis (MD&A) for the year ended
December 31, 2023, are available on the Company’s website at
www.oceansix.com and under the Company’s profile on SEDAR at
www.sedar.com. All financial figures are in United States dollars
unless otherwise stated.
Teams Call Invitation
oceansix invites shareholders and interested parties to join a
webinar detailing the financial results and discussing future
prospects. The webinar will be held on:
- Date: Wednesday, May 8, 2024
- Time: 10:00 AM EST / 16:00 CEST
- Join Here: Webinar Link
About oceansix
oceansix is a global innovator focused on sustainable solutions
through waste-to-product technology. With operations spanning
multiple continents, the Company is dedicated to advancing
environmental sustainability while delivering economic growth and
shareholder value.
Disclaimer
This release may contain forward-looking statements and
information which may be identified by formulations using terms
such as "expects", "aims", "anticipates", "intends", "plans",
"believes", "seeks", "estimates" or "will". Such forward-looking
statements are based on our current expectations and certain
assumptions, which may be subject to a variety of risks and
uncertainties. The results actually achieved by oceansix future
paths Ltd. may substantially differ from these forward-looking
statements. oceansix future paths Ltd. assumes no obligation to
update these forward-looking statements or to correct them in case
of developments, which differ from those, anticipated.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the TSX Venture Exchange's
policies) accepts responsibility for the adequacy or accuracy of
this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240501970231/en/
Elad Hameiri, CEO | +34 673 435 571 oceansix future paths
Ltd
Investor Relations RB Milestone Group LLC (RBMG)
oceansix@rbmilestone.com
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