Total assets at the end of the first quarter of 2023 amounted to NOK 3 935 (2 526) million. Total operating expenses in the first quarter of 2023 ended at NOK 356 (252) million, which led to an operating profit before depreciation (EBITDA) of NOK -112 (-93) million. Hexagon Purus continues to experience strong demand for its hydrogen infrastructure solutions, and the year-over-year growth is mainly driven by increased sales of hydrogen distribution modules and mobile hydrogen refueling systems for industrial and mobility purposes. In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.
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