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Atome Energy PLC - Leeds, England-based producer and marketer of green hydrogen and ammonia - Reports a pretax loss of $2.2 million in 2021, its inaugural results following it joining the London Stock market on December 30. Company says loss includes $700,000 in listing-related expenses and $1.2 million of expenditure under agreements with founding shareholders. Assets at December 31 total $8.3 million.
Chair Peter Levine says: ‘In the short period since the IPO, whilst not losing focus on our core projects, we have signed a world-class scale power purchase agreement for 60 MW in Paraguay as well as creating our Mobility Division and ordered our first electrolyser. All this means in 2023 we expect to be generating our first revenues ahead of expectation at the time of the IPO and are advancing our production plans generally.’
Current stock price: 127.9 pence, down 0.4% in London
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