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Pacific Green Technologies Inc (PK:PGTK)

Business Focus: Environmental Services & Equipment

Sector:  Industrials Industry:  Environmental Services & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 8 The Green, Suite #10212
DOVER DE 19901
Tel: N/A
Website: https://www.pacificgreen-group.com
IR: See website
Key People
Scott Poulter
Chief Executive Officer, Executive Director
James Tindal-robertson
Chief Financial Officer
 
Business Overview
Pacific Green Technologies, Inc. is engaged in the business of acquiring, developing, and marketing environmental technologies, with a focus on emission control technologies. Working with a network of agents to market the ENVI-Systems emission control technologies, the Company has focused on three applications of the technology, which includes ENVI-Marine, ENVI-Pure, and ENVI-Clean. ENVI-Marine is a scrubber that can be applied to diesel exhaust emissions that require sulfur and particulate matter abatement. ENVI-Pure is for removing acid gases, particulate matter, dioxins, VOCs, and other regulated hazardous air pollutants from the flue gases produced by the combustion of coal, biomass, diesel and other fuels. The Company's technological solutions consist of three main divisions: Emission Control Systems (ECS), Concentrated Solar Power (CSP), and Battery Energy Storage Systems (BESS). Its subsidiaries include Pacific Green Innoergy Technologies Ltd., Sheaf Energy Ltd, and others.
Financial Overview
For the nine months ended 31 December 2023, Pacific Green Technologies Inc revenues increased from $6.9M to $88.3M. Net income totaled $11.5M vs. loss of $7.7M. Revenues reflect Europe segment increase from $3.2M to $86.6M, North America segment increase of 2% to $56K. Net Income reflects Professional fees decrease of 36% to $826K (expense), Advertising and promotion decrease of 21% to $334K (expense).