Good Robert. good call. or the you, on to morning afternoon everyone Thank
the speak all opportunity excited with today. I to get you am to
with intended is strong recurring businesses, commercial contribution mid-September of Following which last year, margin. improvement in growth the improved experienced my appointment our of delivering with our revenue results strategy as CEO sequentially from XX%
have to recent multi-distribution China to Asia. purification for we treatment geographies recently adoption, including acid advance market within phosphoric key Southeast in segments solutions Further, agreement agreements and signed and water accelerate
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processes manufacturing expenses operating our a be than to have significant This well have million to implementing significantly in breakeven years. estimate improvement Additionally, which our levels reduce which we drive as contribution highest currently we point, improvement progress $X decrease in XX% as more made margins, their revenue. within around reached two in in
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sales grow. that Our is other the larger with sales, key pipeline system continues advancing to a initiative,
work to have touch in this in on orders pipeline commissioning more to purchase projects. However, still opportunities do the confirmed and will proof eventual a I to results, the of in Again, order is moment. we move and
the I towards business past but to the am with progress profitability. the pleased during more LiqTech, driven Overall, importantly, few grow months
each of the expand mentioned. I me Let a on areas just bit more
Recurring business.
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brought team demonstrated grow with on the ability businesses. number to to effectively members also a We important of
membranes, plastic and ceramic including business, recurring XX% spare the As was our up part I mentioned, components particulate of pool operation filters, swimming diesel quarter. system,
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and, QX that important goal. the step reduce to make those improve an throughput increases margin ultimately, in business, look breakeven in manufacturing numbers which achieving gross will point. our predictability will on our first XXXX, We strong of our improve and was
Let systems our to business. us transition
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this grow to look years come. market will We to in the
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purification runs customer system stable at acid our site. our Finally, solution
us of markets access distribution We for and opportunity. making geographies the close focus the with progress each has create are open of force, a project sales in that can expand new to through a reach it the in client to new key to to market our partnerships explore verticals. nice direct us key these our in mine been dialogue doors With
publicly East in In November, the agreements has will Africa oil Services region. North be agreement The NESR, integrated National entered international energy focused we Middle Africa produced a filtration traded or North for NESR industry. Reunited, water reinjection. East, and of solutions services the and gas with Energy in relationships customer the Middle our close capabilities on and leveraging within organizations service strong provider
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very significant high and automobile for grade China for batteries. phosphoric production acid market is a food, mining of pharmaceuticals,
efficiency help as effectively their enhance demonstrated product technology process our have that well customers our as We can quality.
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phosphoric each of gas areas: signed wastewater with focus come. to system hear, As with on Liquinex, Filter, more have NESR, and should you acid with and Silicon look can you treatment we agreements to our oil core for
creation we area accelerate we through look partnerships. this through on want point, system -- partnerships. mostly effective, which are distribution we the distribution been of but working have has looking is gone To pool the direct growth sales, key One swimming to to
partnerships year. focus distribution the a throughout area of the strong for Looking be rest will
commissioning expecting oil the major drivers revenue Europe. system with completed continued with $X represent just are coming we about a second look we key the The XX% coupled an the received company million million, quarter, we increase. of in significant contribution would the first increase As a a operating growth from business recurring major in from quarter which or from increase order are a recently U.S. $X in sales to here MEG of our
improvement expectations operating margins in contribution the of have efficient for expenses. and We continued management
the made, is quarterly closing tangible LiqTech. coming achieving breakeven. what progress I'm about on sheet strong gap and optimistic for are being a We With the balance
which few me I more with questions. With wrap after in review that, Simon, and will your up call turn call the a to finance over to then please comments detail, let open Simon to the proceed. the
