OrganoClick (ORGC) ABGSC Investor Days summary

Company overview and mission

• Focuses on replacing fossil plastics and hazardous chemicals with bio-based solutions using biomimicry and cellulose modification technology.

• Operates in three main business areas: nonwovens, textile waterproofing, and wood protection.

• Uses biopolymers from food waste for binders, natural fatty compounds for waterproofing, and minerals for wood protection.

• Listed on Nasdaq First North since 2015, with headquarters and R&D in Täby and a 20,000-ton annual production capacity.

• Exports to 20 markets and has received multiple innovation and sustainability awards.

Business segments and market position

• Nonwovens: Supplies bio-based binders to industrial customers, with Duni as a major client; products are used in napkins, hygiene products, and packaging.

• Textile waterproofing: OrganoTex is the leading brand in Sweden and the Netherlands, with over 500 resellers and high double-digit growth.

• Wood protection: Collaborates with Bergs Timber and is expanding to new international partners; recent product launch offers termite resistance.

• Consumer products have higher margins than industrial products, driving overall profitability.

• Product mix and increased volumes are expected to further improve gross margins, targeting 40% long-term.

Financial performance and scalability

• Achieved SEK 146 million in revenue last year, up 27% year-over-year, with an average 20% annual growth since listing.

• Factory produced 4,000 tons last year, with significant unused capacity for scaling without major new investments.

• Cash flow from operating activities turned positive, reaching SEK 6 million for the 12 months to September 2024.

• EBIT is near break-even, with improved gross margins despite a challenging year in construction and nonwovens.

• Focus for 2025 is on sales growth and profitability, especially in OrganoTex and nonwovens.