CoTec: Maiden Profit & Q2 Financials Review

Investor webinar replay

Replay transcript excerpt

Speaker 1: Hello, everyone. Welcome to Kotek Holdings live investment summit today hosted by 6. I am pleased to introduce the president, CEO and director for Kotek, Julian Traeger. Julian's going to walk us through a bit of an update and then we'll be taking some questions live. Remember that you can submit your questions using the Q&A panel found on the right hand side of your screen at any point during Julian's talk today. And as always, this event is being recorded and will be available to watch on six.com in the coming days. But Julian, without further ado, I'd like to hand things over to you. Get us started. Thank you, Cam. And thanks to all of you who are dialing in to get the update on Kotech. Speaker 2: We're very pleased having just announced Speaker 2: our H1 results that we can declare a maiden Speaker 2: profit for the business. Speaker 2: This Speaker 2: still understates Speaker 2: what's really Speaker 2: the potential Speaker 2: of the portfolio, but it nevertheless is a signifier Speaker 2: that we are moving in the right direction. Speaker 2: And I'll talk to you as well about the exciting things that are happening in the portfolio Speaker 2: and the Speaker 2: interesting pipeline we have. But most importantly, I think we are Speaker 2: at the right place at the right time. The macro events we've been seeing Speaker 2: over the past 6 months, the unfortunate war in the Ukraine, Speaker 2: which is creating shortages Speaker 2: of raw materials, Speaker 2: the rise in inflation, Speaker 2: the need to reduce costs, Speaker 2: the emphasis on trying to not Speaker 2: pollute the world, all means that this is the moment for disruptive technologies Speaker 2: to be applied to the commodity extraction space. And I think also there's more and more recogn...