ECCO2 Solutions AG announced today the audited results of its 2021 fiscal year ending December 31. The privately owned company reports total revenue of 2,11 MCHF, representing 100% revenue growth from previous year. Recurring revenues from long term contracts represented over 50% of the total, exceeding the objective set by the Board of Directors.
Antoine Eddé, Executive Chairman stated:
“At ECCO2 we are working for a world in balance, and after 3 years of hard work we are proud of our success. Our customers reduce the energy consumption of their buildings by 20 Mio KWh per year, and this figure will further increase in the coming years.
We now have more than 11’000 Swiss-precision IoT sensors installed, providing us with a deep understanding of where we can save energy without compromising the comfort of inhabitants: “Building Intelligence” by ECCO2.
We were handling 1’650’000 m2 of heated area per year end, which shows pour capability of operating on large portfolios. Our growth rate has been three-digit since incorporation and shows no sign of receding. We expect further acceleration in 2022.”