PINL:AKCCF - Post by User
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OTCLegendaon Sep 13, 2022 2:34pm
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nteresting name among OTC stocks
nteresting name among OTC stocks The company is in the business of providing products and solutions in the field of carbon capture.
Aker Carbon was recently in news with the company collaborating with Microsoft (NASDAQ:MSFT) for scaling the carbon capture value chain. The partnership will explore opportunities in the carbon capture utilization and storage market.
For Q1 2022, Aker Carbon reported 127% revenue growth on a year-on-year basis. For the same period, the company reported cash burn. However, with the business still at an early stage, cash burn is not a concern.