Aquaporin achieved 62 % revenue growth in 2021
An increased focus on sales within the company’s core business areas; Drinking Water, Industrial Water, and solutions for the Food & Beverage industry paid off in 2021 for the water technology company Aquaporin. The 2021 annual report showed a growth in revenue of 62 % to 8.9 million DKK, driven by a 229 % sales increase of the company's biomimetic water filtration membranes. The overwhelming growth was seen in Drinking Water, where two strategic sales agreements contributed with around 5 million DKK.
“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
Morten Huse Eikrem-JeppesenTel:+45 5385 email@example.com
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.
Subscribe to releases from Aquaporin A/S
Subscribe to all the latest releases from Aquaporin A/S by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Aquaporin A/S
The REWAISE project: Collaboration and innovation in Spain29.11.2022 10:25:32 CET | Pressemeddelelse
At Aquaporin, we focus on providing the best service and experience when we collaborate with a partner. Therefore, Aquaporin also spends time visiting ongoing projects. This approach to business sent Aquaporin employees Jan Benecke, Head of Commercial Engineering Reverse Osmosis, and Hanh Le, Membrane Applications Engineer, from Lyngby, Denmark, to two waterworks in Berja and Denia, Spain. During their one-week visit to Spain, the two Aquaporin employees looked closely at two unique projects.
Water Cultures6.9.2022 12:00:00 CEST | Press release
Water has been one of the most important human preoccupations since the dawn of history and how we care for this contested resource is recognized as one of the factors that will define the future of humanity and the planet. As well as innovative solutions to the water crisis, we need to renew the fractured bonds that connect us to water and develop a more imaginative and equitable water culture. To mark the IWA World Water Congress and Exhibition in Copenhagen, Danish water technology company Aquaporin has commissioned a cultural program curated by Copenhagen Contemporary and Jane Withers Studio that aims to engage the water industry and the public in the global debate on water. Aquaporin’s close affiliation with culture and art stems from an interdisciplinary approach and a commitment to solving global water challenges by rethinking water filtration with biotechnology. A focal point of the program is the commission by Danish artist Karl Troels Sandegård, The High Seas of Your Intrinsi
Aquaporin will host webcast on August 25 to present first half 2022 results18.8.2022 12:00:00 CEST | Pressemeddelelse
Copenhagen, Denmark, August 18, 2022 – Aquaporin A/S (AQP.CO) (“Aquaporin” or the “Company”), an innovative water technology company dedicated to natural water treatment, today announced that the Company will be hosting a webcast during which the Chief Executive Officer, Matt Boczkowski, and Chief Financial Officer, Klaus Juhl Wulff, will present the results for the first half of 2022 on August 25 at 3.00 PM CET. 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/123834365 Dial in to ask a question: Denmark: +45 32714988 | Germany: +49 (0) 69 566 037000 | United Kingdom: + 44 (0) 203 059 58 69 | United States: +1 (0) 760 294 16 74 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 Financial Officer +45 53 55 55 19, investorrelations@aqua
Aquaporin announces collaboration on novel desalination and wastewater pilot project16.8.2022 07:00:00 CEST | Press release
A collaboration between Aquaporin, University of Las Palmas de Gran Canaria and Canary Islands Institute of Technology will develop a revolutionizing forward osmosis pilot plant based in Mancomunidad del Sureste de Gran Canaria.
Aquaporin Space Alliance once again heading into space with Danish astronaut Andreas Mogensen5.7.2022 07:00:00 CEST | Press release
The Danish water technology company Aquaporin has once again made it onto a space mission with its innovative Aquaporin Inside technology. Aquaporin Space Alliance (ASA), a joint venture between Aquaporin and Danish Aerospace Company (DAC), has been selected for testing in space in 2023. The mission will be led by the Danish astronaut Andreas Mogensen who will test the equipment at the International Space Station (ISS).
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom