Genex revenue up 77%

GENEX Power has today published its financial 2021 annual report and statutory results, posting a revenue of A$21.7 million, an increase of some 77% over the same period last year.

Genex revenue up 77% Genex revenue up 77% Genex revenue up 77% Genex revenue up 77% Genex revenue up 77%

Growing renewables portfolio performing strongly

 

The company notes part of that revenue figure is the forgiveness of a $7.9 million ARENA convertible note, and $2.6 million from UGL as part of a settlement process.

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