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Preliminary Q4 2023 Itaconix PLC Earnings Call Transcript
Good afternoon, and welcome to the Itaconix PLC investor presentation. (Operator Instructions) The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll.
I'd now like to hand over to John Shaw, CEO. Good afternoon, sir.
Good afternoon. We look forward to presenting our 2023 full-year results to you. I'll present an overview, then our CFO, Laura Denner, will present the financial results, and I'll come back to talk about our strategic progress.
In terms of the headlines, we had record revenues in 2023 in line with expectations, $7.9 million in revenue, 40.5% revenue growth over 2023. Equally important, we increased our gross profit margins to 31%, an important milestone for us, and we had our adjusted EBITDA loss down below $1 million.
On developing our
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