Core Viewpoint - ESGL Holdings Limited has demonstrated a significant turnaround in FY2024, showcasing the potential for sustainability and profitability to coexist, supported by disciplined cost management and the introduction of new circular products [2][7]. Financial Performance - The company reported a near 100% reduction in net loss year-on-year, decreasing from US0.6 million in FY2024 [7]. - Adjusted EBITDA improved by over 200%, rising from US2.3 million [7]. - Loss per share narrowed significantly from US0.02 [7]. Business Operations - ESGL has commenced commercial sales of several new circular products, including NEWSPAR, NEWEARTH, and NEWCHEM, developed through proprietary waste-to-resource processes [2]. - The company continues to scale its capabilities in sustainable waste treatment and circular product manufacturing, particularly in Southeast Asia [3]. Company Overview - ESGL Holdings Limited is focused on sustainable waste management solutions and operates through its subsidiary, Environmental Solutions (Asia) Pte. Ltd., based in Singapore [5].
ESGL Reports FY2024 Results Highlighting Profitability Momentum and Operational Strength