EQTEC CEO and operations director on H1 revenue surge and new operational strategy

Proactive - Interviews for investors

EQTEC PLC (AIM:EQT) CEO David Palumbo and recently-appointed operations director Murli Bhamidipati take Proactive's Stephen Gunnion through the company's remarkable turnaround in the first half of 2024, which saw a 10x increase in revenue and stronger profit margins compared to H1 2023. Palumbo highlighted strategic shifts, focusing on high-margin services like design, engineering, and operational services. By moving away from capital-intensive development, EQTEC has established recurring revenue streams and improved cost efficiency. He noted that, "This has laid a solid foundation for recurring income," with further growth expected as more projects come online. Bhamidipati discussed the importance of aligning operations with strategic goals, highlighting efforts to ensure the company has the resources to meet its project pipeline demands. He emphasised that EQTEC’s innovation with 60 different waste possibilities and a strong engineering team positions the company to scale efficiently. Together, they emphasised EQTEC’s strong pipeline and focus on operational efficiency, with future growth centred around waste-to-liquid fuel solutions and public funding projects. For more videos with insights from industry leaders, visit Proactive's YouTube channel. Don't forget to like this video, subscribe to the channel, and enable notifications for future content. #EQTEC #CleanEnergy #WasteToEnergy #RevenueGrowth #SustainableTechnology #EnergyInnovation #CEOInterview #TechScaling #BusinessEfficiency #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews