Welcome to our dedicated page for ESGL Holdings news (Ticker: $ESGL), a resource for investors and traders seeking the latest updates and insights on ESGL Holdings stock.
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ESGL Holdings reported a 23.5% increase in revenue to $6.2 million in 2023, driven by higher waste volumes. Gross margin improved from 64.3% to 69.1%. Adjusted EBITDA decreased by 15.7% due to non-recurring items. Net loss was approximately $95 million, primarily from listing costs. The company aims for double-digit revenue growth and breakeven results by the end of 2024.
ESGL Holdings (NASDAQ: ESGL) announced it will host a conference call to discuss full year 2023 results on May 10, 2024. The Company expects double-digit revenue growth for 2023, showing significant expansion in capacity. Management plans to share strategies for continued growth and improved profitability in 2024.