Aquaporin achieved 62 % revenue growth in 2021
“2021 was our first year as a listed company, and we are very pleased to be able to present a significant commercial progress after only one year. The high growth is a result of the fact that we have gone from being an innovation-focused company to also being commercially driven. Of course, we will continue innovating, but our future research and development will be more focused on meeting the needs of our markets,” says Aquaporin CEO Matt Boczkowski who was previously Aquaporin’s CCO and places great emphasis on a focused approach, innovation, and sales.
On January 1 2022, Matt Boczkowski, former CCO and Deputy CEO of Aquaporin, replaced the company's founder, Peter Holme Jensen, as CEO. Peter Holme has now been appointed CIO with responsibility for the company's Deep Tech and Open Innovation departments.
Aquaporin's operating profit before depreciation and amortization (EBITDA) was a loss of DKK 74.8 million – in line with the expectations communicated in connection with the listing in June 2021 – and includes investments in the organization in the last half of 2021. The strong revenue growth in 2021 was seen in the last quarter of the year. Within the company's three core business areas, Drinking Water in 2021 accounted for 72 % of the turnover, while Industrial Water accounted for 23 %, and Food & Beverage 5 %.
“The strategically important contracts within drinking water purification solutions underline our commercial strength. We are also experiencing strong interest in our unique forward osmosis technology used for treatment of industrial wastewater and to concentrate food and beverage products," says Matt Boczkowski, convinced that the company can build on the commercial momentum in 2022.
“We are still at an early stage of utilizing the potential of our technology, which is based on nature's own water filtration method – the aquaporin protein. The continued development of our Aquaporin Inside technology is a key focus area that can set the direction for water filtration in the future and help solve some of the global water challenges we face," Matt Boczkowski concludes.
Watch Matt Boczkowski present Aquaporin's 2021 Annual Report here: https://youtu.be/Ff2cTF5M2P4
Contacts
Morten Huse Eikrem-Jeppesen
Tel:+45 5385 0770morten@pressconnect.dkImages
About Aquaporin A/S
Aquaporin is an innovative water technology company dedicated to natural water treatment with operations in Denmark (HQ), Singapore and the United States. Aquaporin works to preserve the Earth’s most valuable resource – water – by combining advanced bioengineering, open innovation and natural aquaporins – nature's own water purifiers – which they embed into water purification membranes. Their proprietary technology, Aquaporin Inside, is based on Nobel Prize-winning research and used to clean and reuse water in industries, in our homes and even by NASA in space. Aquaporin works with customers and partners around the globe to sustainably treat industrial wastewater, concentrate food and beverage products, and enhance drinking water quality and accessibility.
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Latest releases from Aquaporin A/S
Aquaporin partners with PUB to develop world’s first low-energy reverse osmosis membrane demonstration22.8.2023 07:00:00 CEST | Press release
Kongens Lyngby, Denmark, August 2, 2023 – Aquaporin A/S (ticker: AQP) (“Aquaporin” or the “Company”), an innovative water technology company dedicated to rethinking water filtration with biotechnology, today announced that Aquaporin and PUB, Singapore's National Water Agency, are partnering to develop the world's first low-energy Aquaporin Inside® membrane demonstration for NEWater. A total of 504 CLEAR Brackish Water Reverse Osmosis (BWRO) modules from Aquaporin will be implemented at one of PUB’s NEWater production facilities, with a capacity of 1.7 million imperial gallons per day. This will demonstrate the Aquaporin Inside® technology's ability to save energy and validate the technology for implementation in PUB's future membrane replacement projects. Matt Boczkowski, Aquaporin's Chief Executive Officer, says: "We are grateful to have the opportunity to work with an exceptional and experienced partner such as PUB. The collaboration has been a rewarding journey, and we are excited a
Aquaporin to host half-year 2023 results webcast on August 2516.8.2023 13:47:36 CEST | Press release
Kongens Lyngby, Denmark, August 16, 2023 – Aquaporin A/S (ticker: AQP) (“Aquaporin” or the “Company”), an innovative water technology company dedicated to rethinking water filtration with biotechnology, today announced that the Company will be hosting a webcast on August 25, 2023 at 10.00 AM CET, during which Chief Executive Officer, Matt Boczkowski, and Chief Financial Officer, Klaus Juhl Wulff, will present the results for the Half-Year Report 2023. The presentation will be followed by a Q&A session. The webcast will be conducted in English. Sign-up for the webcast via this link: https://events.q4inc.com/attendee/540996395 Dial in to ask a question: Denmark: +45 32740710 | Germany: +49 69 589964217 | United Kingdom: +44 20 3481 4247 | United States: +1 (646) 307 1963. Conference ID: 9814723. After the webcast, the presentation will be available via the webcast link above. For further information, please contact: Matt Boczkowski, Chief Executive Officer Klaus Juhl Wulff, Chief Financi
Aquaporin and EARTHY set to take advanced water purification to more people in India22.6.2023 07:00:00 CEST | Press release
Aquaporin is pleased to announce that it has signed a new distribution agreement with EARTHY (formerly known as Diamond Drops). EARTHY has a proven track record of successfully distributing Aquaporin's purifiers on the Indian market, and the agreement will strengthen the four-year long relationship between the two companies.
Aquaporin in milestone collaboration to secure clean tap water24.5.2023 07:00:00 CEST | Press release
The Danish water technology company Aquaporin has entered into a collaboration with Aqualia, the fourth largest water management company in Europe, which will promote and use Aquaporin’s biomimetic membrane elements at municipal water treatment plants to improve their efficiency and economics.
Aquaporin annoncerer vækst på 243 procent i 202223.3.2023 11:50:39 CET | Pressemeddelelse
2022 var et godt år for Aquaporin, da den danske virksomhed opnåede en vækst på 243% procent i omsætning i forhold til året før. Væksten i omsætning betyder, at Aquaporin i 2022 havde en omsætning på 30,6 millioner kroner, mens dette tal i 2021 var 8,9 millioner kroner.
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