Desert Control Highlights Key Developments in Q1 2025 Report
Desert Control Achieves Milestones in Q1 2025 Report
Desert Control AS (DSRT) released its first quarter report, showcasing significant developments and financial outcomes for the year to date. Sustainable solutions are being prioritized as the company focuses on combating challenges such as soil degradation and water scarcity.
Key Highlights from Q1 2025
During the first quarter of 2025, several noteworthy achievements were recorded:
Record Application Executed
The company executed its largest application in history, with over nine thousand organic medjool date trees treated in collaboration with Oasis Dates' US subsidiary, Woodspur Farming. This marks a major step forward in their operational scaling and project implementations.
Successful Pilot Program Completion
The pilot initiated at Woodland Hills Country Club concluded successfully. This paves the way for a multi-year Pay-As-You-Save (PAYS) agreement, enabling the club to benefit from financial incentives through water utility programs. Such initiatives underline the company's commitment to sustainable practices in water usage.
Technological Advancements
Desert Control's Next-Gen Production System achieved record Liquid Natural Clay (LNC) volumes. The manufacturing process has been optimized to support an impressive output of 120,000 liters per hour, meeting the increasing demand effectively.
Financial Breakdown
In Q1, the company witnessed robust revenue growth with LNC revenue reaching NOK 1.52 million, reflecting a rise from NOK 1.26 million reported in the same period last year. This demonstrates the company’s effective scaling of operations and market reach.
On the operational front, the EBITDA for Q1 remained stable at NOK -15.05 million, slightly down from NOK -14.73 million in Q1 2024. Nonetheless, this consistency reflects sound cost management amidst rising operational activities in the US.
Outlook and Future Prospects
Looking ahead, Desert Control projects a significant increase in contracted revenues, alongside an expansive rollout of its Next-Gen production units. This strategy aims to enhance the company's operational footprint in both U.S. and Middle East markets, supported by financial structures like PAYS. The ongoing research and development advancements will further consolidate their position in the sustainable agriculture sector.
Contact Information
For more details about the financial and operational status of Desert Control, you can reach out to:
James Thomas
Chief Executive Officer
Mobile (USA): +1 203 984 7658
Leonard Chaparian
Chief Financial Officer
Mobile (NOR): +47 90 66 55 40
About Desert Control
Desert Control focuses on innovative solutions to enhance soil health and conserve water. Their patented Liquid Natural Clay (LNC) technology not only improves soil vitality but also promotes sustainability across agriculture and landscaping. By working collaboratively with partners and clients, their mission is to restore ecosystems and ensure a resilient future in agriculture.
Frequently Asked Questions
What is the significance of the Q1 2025 report?
The report highlights Desert Control's achievements in large-scale applications and financial performance, indicating growth and operational success.
How many trees were treated during Q1 2025?
Over nine thousand organic medjool date trees were treated, marking the largest application in the company’s history.
What does the PAYS agreement entail?
The Pay-As-You-Save agreement allows clients like Woodland Hills Country Club to receive financial incentives from water utilities, promoting sustainable water use.
What are the future projections for Desert Control?
Desert Control anticipates a significant increase in contracted revenues and expanded operational capacities as they roll out new production units.
Who can be contacted for more information on financial performance?
James Thomas, the CEO, and Leonard Chaparian, the CFO, are the primary contacts for inquiries regarding the company’s financial performance.
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