Business
Audited Results for the year ended 31 Dec 2022
Audited Results for the year ended 31 Dec 2022.
About this update from Atome Plc
[{"type":"text","content":"\n\n\n27 June 2023\n \nATOME ENERGY PLC\n(\"ATOME\", \"the Company\", or \"the Group\")\n \nAudited Results for the year ended 31 December 2022\n \nATOME (AIM: ATOM), the only international green hydrogen, ammonia, and fertiliser project development company on the London Stock Exchange, with current large-scale projects in Latin America and Europe, as well as hydrogen mobility projects, is pleased to announce its audited results for the year ended 31 December 2022.\n \nThese financial statements presented are the first Annual Report and Accounts for ATOME following a full year of operations and project development after joining the London Stock Exchange's AIM market on 30 December 2021.\n \nThe Company's Annual Report will be posted to shareholders on 29 June 2023 together with the Notice for the Annual General Meeting.\n \nFinancial Highlights FY2022\n\nThe financial results are presented for the Group for the full year ended 31 December 2022, with 2021 results for the period from 6 January 2021 when the Group started its operations.\nThe comprehensive loss for the year ended 31 December 2022 was US$5.9 million (2021: US$2.2 million).\nIn December 2022, the Group raised gross proceeds of US$4.3 million (2021: US$7.8 million (US$7.0 million net)) from the issue of new shares on AIM to Baker Hughes and other shareholders, in May 2023, providing an additional US$4.6 million.\n\n \nAnnual General Meeting\nThe Company intends to hold the Annual General Meeting to approve the audited financial statements at 11.00am on 25 July 2023 at Carrwood Park, Selby Road, Leeds, LS15 4LG. The Notice will be sent with the full Annual Report on 29 June 2023.\n\nPeter Levine, Chairman, stated:\n\"This is the first Annual Report and Accounts for ATOME following a full year of activity and project development. It was only on 30 December 2021 that ATOME became the first green hydrogen, ammonia, and fertiliser project development company to join the London Stock Exchange's AIM market and today ATOME remains the only pure play company in the field on the London market.\n \nSince Admission at the end of 2021, the Company has made material and rapid progress and has expanded its business and footprint above and beyond what was originally planned. In the short period since the IPO, whilst not losing focus on our core...