Brief: PyroGenesis Announces 2022 Fourth Quarter And Year End Results

PyroGenesis

31/03/2023 12:37

March 31 (Reuters) - Pyrogenesis Canada Inc  PYR.TO :
    * PYROGENESIS ANNOUNCES 2022 FOURTH QUARTER AND YEAR END
RESULTS
    * PYROGENESIS CANADA INC Q4 REVENUE C$3.3 MILLION
    * PYROGENESIS CANADA INC - WE ARE NOT PROVIDING SPECIFIC
REVENUE
OR NET INCOME (LOSS) GUIDANCE FOR 2023
    * PYROGENESIS CANADA INC - AS AT DECEMBER 31, 2022, HAD CASH
OF
$3.4 MILLION, INCLUDED IN NET WORKING CAPITAL OF $1.7 MILLION
    * PYROGENESIS CANADA INC - COMPANY HAS EVOLVED ITS STRATEGY
TO
CONCENTRATE ITS SOLUTION SET UNDER THREE CATEGORIES
    * PYROGENESIS CANADA - SEES CASH, LIQUIDITY POSITION,
PROCEEDS
AVAILABLE FROM STRATEGIC INVESTMENT, TO FINANCE OPERATIONS FOR
FORESEEABLE FUTURE
    * PYROGENESIS CANADA- AS OF MARCH 30, REVENUE EXPECTED TO BE
RECOGNIZED IN FUTURE RELATED TO BACKLOG OF SIGNED AND/OR AWARDED
CONTRACTS IS $32.4 MILLION

Source text for Eikon:  ID:nGNX3Wb74s 
Further company coverage:  PYR.TO 

 ((Reuters.Briefs@thomsonreuters.com;))