#Finland #Kannonkoski #Betolar Plc #Metal Extraction Technology

Betolar Plc's Remarkable Q1 2026 Performance

In a significant milestone for Betolar Plc, the company reported a record-high revenue of EUR 441 thousand for the first quarter of 2026, an impressive leap from EUR 164 thousand reported during the same period in 2025. This surge reflects Betolar's dedication to innovation and strategic project development in its core business areas.

Key Financial Highlights

• - Other Operating Income: Betolar recorded EUR 200 thousand in other operating income, compared to EUR 428 thousand a year earlier.
• - EBITDA: The company reported an EBITDA of EUR -972 thousand, a slight improvement from EUR -1,007 thousand a year prior.
• - Liquidity Position: By the end of March, Betolar had EUR 5,181 thousand in cash and equivalents, down from EUR 10,253 thousand at the same time last year, and EUR 6,148 thousand in liquidity and undrawn grants.
• - Order Intake: The first quarter saw an order intake of EUR 221 thousand, a significant rise from EUR 90 thousand recorded in the previous year.
• - New Projects: Betolar initiated three new NRE projects during this quarter, an increase from just one project in 2025.

Strategic Developments

Betolar has been actively involved in several collaborations that demonstrate its commitment to advancing sustainable solutions. Notably, the company partnered with EcoGraf and the Geological Survey of Finland (GTK) to explore the utilization of tailings from the Epanko mine using its groundbreaking Metal Extraction Technology. This collaboration aligns with global mining industry trends, focusing on sustainability and efficient resource utilization.

Additionally, Betolar's shares began trading on the OTCQX International marketplace in the United States on January 20, 2026, expanding its presence and accessibility to a broader investor base.

Innovations in Infrastructure and Material Solutions

In the Infrastructure sector, Betolar is executing its largest project order to date, and it is continuously innovating low-carbon, cement-free concrete solutions. An exciting new development is the introduction of a protective solution aimed at safeguarding critical infrastructure, such as electrical substations, from drone threats. This solution not only underscores Betolar's materials technology expertise but also addresses an urgent need for enhanced societal security measures.

Furthermore, in the context of Circular Materials, the company reported positive developments both in Finland and on the international front. In India, sales of blast furnace slag have been robust, while in Finland, the launch of blast furnace slag for concrete applications is paving the way for wider adoption of low-carbon materials in construction.

Strategic Outlook

Betolar's President and CEO, Tuija Kalpala, expressed optimism about the company's trajectory, stating that the strong start to 2026 has reinforced the company's strategic direction. Betolar aims to continue its efforts to commercialize its technologies and forge partnerships, fostering broader market adoption of its innovative solutions.

Kalpala emphasized that while the focus remains on short-term revenue generation through infrastructure solutions and circular economy materials sales, long-term value creation will be driven by the ongoing enhancement of their Metal Extraction Technology.

As Betolar continues to grow, the company remains committed to building a sustainable future, drawing on its team's dedication and collaborative spirit. Betolar’s strategic initiatives position it as a leader in innovative, low-carbon solutions for the mining, metals, and construction industries, catering to the evolving needs of society while delivering value to its stakeholders.

Conclusion

With its innovative strategies and dedication to sustainability, Betolar Plc is setting new standards in the market, reflecting a commitment to responsible development in resource utilization. As the company progresses through 2026, it is poised to make significant strides not only in financial performance but also in contributing to the global push for environmentally-friendly practices. Together, with its partners and customers, Betolar is building a brighter, more sustainable future.