Delorean Corporation Ltd (AU:DEL) has released an update.
Delorean Corporation Ltd. reports a strong finish to FY2024, with a focus on profitability and advancing four major bioenergy projects towards final investment decisions, propelling the company’s growth. The firm’s financial projections boast an EBITDA of up to $5.1m, and the quarter saw a refund of $4.7m in LGC charges, aiding in the reduction of debt. Key developments include continued construction on a $53m food waste to energy project and significant progress in co-development and financial structuring of additional bioenergy infrastructure projects.
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