ISIN:FR0014004974

ENOGIA: 2023 annual results

Retrieved on: 
Wednesday, April 10, 2024

The ORC Modules business generated revenue of €4.4 million in 2023, an increase of 42%.

Key Points: 
  • The ORC Modules business generated revenue of €4.4 million in 2023, an increase of 42%.
  • Among other significant ORC contract wins, the execution of the Company’s first order in the maritime sector, with Chantiers de l’Atlantique, began in the fourth quarter of 2023.
  • In addition, EBITDA for the second half of 2023 was at breakeven (positive €0.02 million), in line with the target announced in conjunction with the half-year results.
  • Net debt was €2.6 million at the close of the year, putting gearing at 32.6% as of 31 December 2023.

ENOGIA: 2023 annual revenue: €5.1 million (+53%)

Retrieved on: 
Wednesday, March 13, 2024

In 2023, ENOGIA’s revenue amounted to €5.1 million, representing growth of 53% compared with 2022, in line with the announced target (> 50%).

Key Points: 
  • In 2023, ENOGIA’s revenue amounted to €5.1 million, representing growth of 53% compared with 2022, in line with the announced target (> 50%).
  • The ORC business generated revenue of €4.4 million in 2023, up from €3.1 million in 2022.
  • It posted revenue of €0.63 million in 2023, a near fourfold increase (+275%).
  • With an order book of €6.7 million as of 31 December 2023 [1] (vs > €5 million in 2022), the Company aims to maintain its robust commercial momentum in 2024.

ENOGIA launches a bond issue in a maximum amount of €2.3 million via LITA.co, a leading sustainable investment platform

Retrieved on: 
Tuesday, January 30, 2024

ENOGIA launches a bond issue in a maximum amount of €2.3 million via LITA.co, a leading sustainable investment platform

Key Points: 
  • ENOGIA launches a bond issue in a maximum amount of €2.3 million via LITA.co, a leading sustainable investment platform
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • The maximum amount of the issue is €2.3 million.
  • The platform’s panel of experts praised ENOGIA’s growth prospects, its sense of responsibility and its positive impact on society.
  • This bond is eligible for the PEA-PME equity savings plan from a minimum investment of €5,000 via LITA.co.

A revolution in mass electricity storage : ENOGIA will design and deliver the supercritical CO2 turbomachinery of the SCO2OP-TES project

Retrieved on: 
Wednesday, December 20, 2023

Capitalizing on more than a decade of high technology turbomachinery research and development, ENOGIA was selected as the main turbomachinery manufacturing partner of the SCO2OP-TES project.

Key Points: 
  • Capitalizing on more than a decade of high technology turbomachinery research and development, ENOGIA was selected as the main turbomachinery manufacturing partner of the SCO2OP-TES project.
  • ENOGIA will design, engineer, manufacture and test the main supercritical CO2 turbomachines used in this project where a groundbreaking Carnot battery architecture will be developed and tested by the partners of the project.
  • This project emphasizes ENOGIA's recognized ability to develop cutting-edge supercritical CO2 turbomachinery, acquired through years of research and several development projects (including the H2020 I-Therm project).
  • Total funding of the project is 4,7M€, including a grant of 875,5 k€ for ENOGIA to support its activities in the project critical hot sCO2 turbomachinery design, manufacturing and testing.

ENOGIA: 2023 half-year results

Retrieved on: 
Thursday, October 26, 2023

Start of an operational efficiency plan,

Key Points: 
  • Start of an operational efficiency plan,
    Marseille, 18 October 2023 – 6 p.m.
    ENOGIA (ISIN code: FR0014004974 – ticker: ALENO, an expert in micro-turbomachinery for the energy transition, is reporting its half-year results for the first half of 2023, approved by the Board of Directors on 18 October 2023, and providing an update on its recent strategic and financial milestones.
  • On the operational efficiency front, ENOGIA rolled out a plan built on three main pillars in the first half of 2023.
  • The full impact of this improvement in gross margin is expected in 2024, from projects signed in the second half of 2023.
  • Delivery of the next 30 machines is scheduled for the second half of 2023, with completion in early 2024.