Clermont-Ferrand, France, 11 April 2025: CARBIOS’s Financial Year 2024 Results
CARBIOS (Euronext Growth Paris: ALCRB), a trailblazer in the domain of biological technologies, reported its operating and financial results for the year ended 31 December 2024. The approval of the financial statements came at the Board of Directors’ meeting held on 10 April 2025.
Financial Highlights
Revenue for the year amounted to €12.5 million, representing a growth of 53% compared to the previous year. Gross margin expanded by 10 percentage points to reach 52%. Operating expenses decreased by 15% due to the optimization of research and development activities. The net loss for the year was €10.5 million, a significant improvement from the previous year’s net loss of €15.5 million.
Operational Highlights
CARBIOS announced several significant milestones during the year. The company successfully completed the industrial-scale demonstration of its proprietary PET bio-degradation technology. Additionally, they initiated the development of a textile application using their microbial technology. Furthermore, CARBIOS entered into strategic partnerships with key industry players, including L’Oréal and Danone.
Impact on Individuals
The advancements made by CARBIOS in the field of biological technologies could significantly reduce the environmental impact of plastic and textile production. As consumers become increasingly conscious of their carbon footprint, companies that adopt eco-friendly practices are more likely to attract customers. This could lead to a shift in consumer preferences towards sustainable products, resulting in increased demand for biodegradable plastics and textiles.
Impact on the World
The production and disposal of plastic and textiles contribute significantly to global waste and greenhouse gas emissions. According to the United Nations, plastic waste generation is projected to double by 2030. CARBIOS’s innovative solutions could help mitigate these issues. By offering biodegradable alternatives, the company contributes to a circular economy, reducing the need for virgin resources and minimizing waste. Additionally, the implementation of these technologies could potentially lead to a reduction in greenhouse gas emissions.
Conclusion
CARBIOS’s financial year 2024 results demonstrate the company’s progress in developing and industrializing biological technologies to transform the life cycle of plastic and textiles. With a focus on profitability and optimization, CARBIOS continues to make strides towards a more sustainable future. The potential impact of these advancements on individuals and the world is substantial, as they could lead to a reduced environmental footprint and increased consumer demand for eco-friendly products.
- CARBIOS reports financial year 2024 results, approves financial statements
- Revenue of €12.5 million, 53% growth
- Gross margin expands to 52%
- Operating expenses decrease by 15%
- Industrial-scale demonstration of PET bio-degradation technology
- Initiated textile application development
- Strategic partnerships with L’Oréal and Danone
- Potential reduction in environmental impact
- Increased demand for biodegradable plastics and textiles
