Slide 1: 2nd Half & Full Year 2024 Results
Publication 2nd Half & Full Year 2024 Results Together towards a sustainable future.
Slide 2: Ekopak strengthens its position as global one-stop-shop water provider
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014. SECOND HALF 2024 & FULL YEAR 2024 RESULTS (UNAUDITED) Ekopak strengthens its position as global one-stop- shop water provider and successfully markets WaaS contracts 54% topli
Slide 3: Management Report: The CEO's perspective
Management Report The CEO’s perspective Pieter Loose, CEO Ekopak, comments: “In 2024, we have taken important steps in implementing our strategy. We have accelerated investments to, on the one hand, reinforce our international position as best-in-class provider of mission critical industrial process
Slide 4: Adjusted EBITDA totals 2.8 m€ in 2024
EBITDA Evolution Cost Of Goods Sold have increased in line with revenues to 29.2 m€ in 2024 (+57%), leading to a gross margin of 47.4% (vs 48.5% in 2023). SG&A and payroll expenses increased with respectively 41% and 64% compared to 2023, allowing EKOPAK to stay ahead of the curve and to capture fut
Slide 5: About Ekopak
About Ekopak Ekopak is a Belgian company that markets circular water solutions. Ekopak’s solutions offer industrial clients the opportunity to significantly reduce their water consumption from the main network in a sustainable, dependable and cost-effective way. Ekopak therefore focuses on optimizin
Slide 6: Disclaimer
Disclaimer This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results
Slide 7: IFRS Consolidated Statement of Profit or Loss
Ekopak NV – IFRS Consolidated Financial Statements - 2024 1 Consolidated statement of profit or loss for the year ending December 31 in 000€ 2024 2023 Revenue 55.467 36.033 Other operating income 611 1.530 Operating income 56.079 37.563 Purchases of materials -29.191 -18.545 Services and other goods
Slide 8: Consolidated Statement of Financial Position
Ekopak NV – IFRS Consolidated Financial Statements - 2024 2 Consolidated statement of financial position At December 31 in 000€ 2024 2023 Assets Non-current assets Goodwill 19.349 20.443 Intangible assets 30.642 32.121 Property, plant and equipment 56.490 30.589 Deferred tax assets 5.427 3.193 Other
Slide 9: Equity and Liabilities
Ekopak NV – IFRS Consolidated Financial Statements - 2024 3 At December 31 in 000€ 2024 2023 Equity Share capital 6.671 6.671 Share premium 55.116 55.116 Other reserves -2.268 -2.309 Accumulated loss -13.127 -5.961 Equity attributable to the owners of the parent 46.392 53.517 Non-controlling interes
Slide 10: Consolidated Statement of Cash Flows
Ekopak NV – IFRS Consolidated Financial Statements - 2024 4 Consolidated statement of cash flows For year ending December 31 in 000€ 2024 2023* Operating activities (Loss)/profit before tax from continuing operations -7.045 -3.076 Net (loss)/profit -7.045 -3.076 Non-cash and operational adjustments
Slide 11: Financing Activities and Net Cash Flow
Ekopak NV – IFRS Consolidated Financial Statements - 2024 5 Financing activities Proceeds from borrowings 36.856 28.346 Repayment of borrowings -5.092 -2.064 Repayment of leases -1.538 -954 Interest paid -2.681 -680 Other financial expense, net 226 -139 Net cash flow from financing activities 27.771
Slide 12: Consolidated Statement of Changes in Equity
Ekopak NV – IFRS Consolidated Financial Statements - 2024 6 Consolidated statement of changes in equity Total equity attributable to Share Accumulated the owners of Total in 000€ capital Share premium Other reserves (loss)/profit the parent equity At January 1, 2023 6.671 55.116 -2.274 -2.845 56.668
Slide 13: Consolidated Statement of Comprehensive Income
Ekopak NV – IFRS Consolidated Financial Statements - 2024 7 Consolidated statement of comprehensive income for the year ending December 31 in 000€ 2024 2023 Net loss for the year -7.045 -3.076 Other comprehensive (loss)/income Items that may be reclassified to profit or loss Cashflow hedge reserve,
Slide 14: Operating Segments
Ekopak NV – IFRS Consolidated Financial Statements - 2024 8 1. Operating segments TOTAL TOTAL CORPORAT CONSO- in 000€ NON-WAAS WAAS SEGMENTS E LIDATED Revenue 52.379 3.088 55.467 − 55.467 Other operating income 511 − 511 − 511 Purchases of materials -28.582 -609 -29.191 − -29.191 Services and other
Slide 15: Segment allocation notes
Ekopak NV – IFRS Consolidated Financial Statements - 2024 9 allocated to the WaaS or non-WaaS segment, and the salary expenses and management fees for all personnel working in one of these departments.