Green Hydrogen Systems reports widening losses

Green Hydrogen Systems reported EBITDA losses of DKK -249m (€-32m)in 2022, down from DKK140m in 2021.  

Gross profit totalled DKK-10m (€-1.3m) compared with DKK -17m (€-2.28m) in 2021, and revenue rose to DKK10m (€1.3m) compared to DKK 5m (€671,860) in 2021. 

By 2026, the company targets total revenue from customer contracts of more than DKK 1,200m (€161m) and ‘a positive EBITDA’. 

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