Welcome to our dedicated page for Desert Control news (Ticker: DRTFF), a resource for investors and traders seeking the latest updates and insights on Desert Control stock.
Desert Control (DRTFF) delivers innovative solutions for transforming arid landscapes into productive agricultural land through advanced desert remediation technology. This page provides investors and stakeholders with comprehensive access to official announcements, strategic developments, and operational updates.
Discover press releases covering commercial deployments, technology innovations, and global partnerships that define the company's progress in sustainable agriculture. Stay informed about projects demonstrating scalable soil enhancement methods and environmental impact metrics.
Key updates include earnings reports, R&D breakthroughs, and regional expansion initiatives across markets in North America and the Middle East. Content is curated to support analysis of long-term growth drivers in the environmental technology sector.
Bookmark this page for direct access to Desert Control's verified announcements, or check back regularly for developments in land rehabilitation solutions and climate-resilient agriculture practices.
Desert Control (DSRT) released its Q1 2024 report showing notable progress. The company completed its first large-scale commercial project in Yuma, Arizona, and secured a significant contract in the Middle East through its partner, Mawarid. Financially, Desert Control ended Q1 2024 with a positive cash balance of NOK 105.1M and no interest-bearing debt. Despite a revenue drop to NOK 1.3M from NOK 1.9M in Q1 2023, the company improved its EBITDA from a loss of NOK 23.4M to NOK 14.7M. Net income also improved, moving from a loss of NOK 19.3M to NOK 7.8M. The equity ratio increased from 89% to 96.7%, reflecting a stronger financial position.
