Northstar Clean Technologies Inc. (ROOF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

everybody welcome to the q4 2024 and full year 2024 financial results uh an investor update um as usual same kind of uh admin as we've done over over the last um few quarters so please Put your questions in and we'll pick those up as we go along. And then we will have the team ask the questions at the end. And so, yeah, the plan, of course, is to take you through where we are with the financials and the results, obviously, that came out with the press release this morning and do an investor update. So without any further ado, and obviously, of course, forward-looking statements. We will be making forward-looking statements, and this is obviously the disclaimer with respect to that. And now I'll hand it over to Greg Feneff to take us through the financials. Greg. Thanks, Aidan. Good afternoon, everyone. This represents my first North Star earnings call with the markets. I'm honored and privileged to be part of the team. And I look forward to many, many more of these calls with you as we begin to post operational results. Just a few financial highlights for me that occurred during the 2024 fiscal year prior to handing it back over to Aiden. 2024 represented a significant year in the capitalization and funding of the company, the proceeds of which served a multifold purpose. One, funding construction efforts on the inaugural Calgary facility. Two, providing capital dedicated to sourcing, analyzing, and securing future sites as part of the exciting growth plan for the company. And three, funding the operations of Northstar itself. Cash balances at the end of fiscal 2024 were $10.2 million compared to $7.6 million at the end of fiscal 2023. During 2024, Northstar through various vehicles raised over $28 million, the majority of which were non-dilutive to existing sharehol...