REC Silicon ASA (RNWEF) Q4 2024 Earnings Call Transcript

2025-02-08 07:00:18 ET

REC Silicon ASA (RNWEF)

Q4 2024 Earnings Conference Call

February 06, 2025, 02:00 AM ET

Company Participants

Kurt Levens - Chief Executive Officer

Presentation

Kurt Levens

Welcome to REC Silicon's Fourth Quarter 2024 Earnings Call. My name is Kurt Levens, and I am REC Silicon's CEO. I am joined today by Jack Yun, REC Silicon's CFO. Today, we will report on REC Silicon's fourth quarter 2024 earnings.

Now, turning to the agenda for today's call. First, we will talk through a few highlights from the fourth quarter. We'll then discuss our near-term strategic plans as we enter 2025. And finally, we will summarize our discussion points and have Q&A.

First an overview of some highlights and updates from the fourth quarter. During the fourth quarter, revenues from continuing operations totalled $29.7 million, driven by an increase in silicon gas sales and planned sales of polysilicon inventory. EBITDA loss from continuing operations was $5.3 million, primarily affected by the shutdown of our facility....

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