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

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.