Carbon recycler LanzaTech narrows loss to $34.7M, shifting into commercialisation phase

Wed, 08 Jul 2015

By Fiona Rotherham July 8 (BusinessDesk) - LanzaTech New Zealand, the NZ-founded carbon recycling company, narrowed its annual loss as the company shifts into commercialisation from its previous development phase. The company reported a loss of $34.7 million in calendar 2014, smaller than the loss of $40.5 million a year earlier, according to financial statements lodged with the Companies Office. Including $2.8 million of exchange differences on foreign operations lifts the total comprehensive loss to $37.5 million. Revenue rose to $8...

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