Business
Betolar Plc's Business Review 1-3/2026: Record-high revenue driven by new projects; push for Metal Extraction Technology continues
Betolar Plc's Business Review for 1 January–31 March 2026 (unaudited)
About this update from Betolar Oyj
[{"type":"text","content":"KANNONKOSKI, Finland, April 23, 2026 /PRNewswire/ -- Betolar Plc's Business Review for 1 January–31 March 2026 (unaudited)","length":126,"tagName":"p"},{"type":"text","content":"This is a summary of the Q1 Business Review, which is in its entirety attached to this release and can be downloaded from the company's website at https://www.betolar.com/investors. ","length":185,"tagName":"p"},{"type":"text","content":"January-March 2026 in brief","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue amounted to EUR 441 thousand (164 thousand)","length":51,"tagName":"p"}]},{"val":[{"type":"text","content":"Other operating income amounted to EUR 200 thousand (428 thousand)","length":66,"tagName":"p"}]},{"val":[{"type":"text","content":"EBITDA amounted to EUR -972 thousand (-1,007 thousand)","length":54,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash and cash equivalents and short-term fund investments at the end of the period amounted to EUR 5,181 thousand (10,253 thousand)","length":131,"tagName":"p"}]},{"val":[{"type":"text","content":"Liquidity and undrawn grants at the end of the period amounted to EUR 6,148 thousand (12,408 thousand)","length":102,"tagName":"p"}]},{"val":[{"type":"text","content":"Order intake amounted to EUR 221 thousand (90 thousand)","length":55,"tagName":"p"}]},{"val":[{"type":"text","content":"The number of new NRE projects was 3 (1)","length":40,"tagName":"p"}]},{"val":[{"type":"text","content":"The average number of employees was 28 (34)","length":43,"tagName":"p"}]},{"val":[{"type":"text","content":"Full year guidance unchanged: revenue for 2026 is expected to increase significantly compared to the previous year","length":114,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":656,"olType":false},{"type":"text","content":"Main events in January-March","length":28,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Betolar, Ecograf and GTK collaborate to transform Epanko mine tailings using Betolar's Metal Extraction Technology (2/2026)","length":127,"tagName":"p"}]},{"val":[{"type":"text","content":"Trading in Betolar's shares begun on 20 January 2026 on the OTCQX International marketplace in the United States (1/2026)","length":125,"tagName":"p"}]},{"val":[{"type":"text","content":"Betolar's Shareholders&...