EQTEC is making progress in its evolution towards a lighter capital model focused on technology delivery and servicing. The market opportunity is growing with wider opportunities added in contaminated plastics and liquid fuels. Getting projects to financial close is still challenging and a more cautious near-term outlook means a lower full year revenue expectation, but this is largely about timing and the impact on our valuation is minimal.
29 Sep 2022
EQTEC - Evolving the Model
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EQTEC - Evolving the Model
EQTEC PLC (EQT:LON) | 2.0 0 2.6% | Mkt Cap: 3.73m
- Published:
29 Sep 2022 -
Author:
Adam Forsyth -
Pages:
6
EQTEC is making progress in its evolution towards a lighter capital model focused on technology delivery and servicing. The market opportunity is growing with wider opportunities added in contaminated plastics and liquid fuels. Getting projects to financial close is still challenging and a more cautious near-term outlook means a lower full year revenue expectation, but this is largely about timing and the impact on our valuation is minimal.