ME2C Environmental reports Q4 revenue $5.7M (+110% YoY) and FY22 revenue $21.6M (+66% YoY)

Birchtech Corp.

Q4 2022 revenue $5.7M vs $2.7M in Q4 2021, an increase of 110%.
Full-year 2022 revenue $21.6M vs $13.0M in 2021, an increase of 66%.
Cash on hand $1.5M and working capital $2.3M as of Dec 31, 2022.
Management expects 50-60%+ annual growth to continue, citing coal power demand and federal emissions regulations.
Company plans to move onto a major stock exchange as a near-term catalyst.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Birchtech Corp. reported the fourth quarter and full year 2022 results: revenue $5.7M for Q4 2022, $21.6M for FY22.

Period: the fourth quarter and full year 2022
Revenue: $5.7M for Q4 2022, $21.6M for FY22
Result: reported results

Exact text from the filing

On April 17, 2023, Midwest Energy Emissions Corp. (the “Company”) issued a press release announcing certain unaudited financial results and other financial information of the Company for the fourth quarter and full year 2022.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Birchtech Corp. filing history →

Source: SEC EDGAR

accession 0001477932-23-002776

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.