Company Overview - Vow ASA is focused on preventing pollution through innovative solutions that convert biomass and waste into valuable resources and clean energy [2] - The company operates in various sectors, including wastewater purification, food safety, and robotics, and has a strong presence in heat-intensive industries with a decarbonization agenda [2] Upcoming Financial Report - Vow ASA will release its second quarter and first half year 2025 report on August 28, 2025 [1] - A presentation of the results along with a Q&A session will take place at 09:00 CET on the same day, with options for personal attendance and online streaming [1][2] Contact Information - For further inquiries, the CEO Gunnar Pedersen and CFO Cecilie Brænd Hekneby can be contacted via provided phone numbers and emails [2]

Core Insights - Vow ASA identified a technical accounting error in its Q1 2025 report, leading to an overstatement of NOK 16 million in EBITDA, primarily affecting the Industrial segment [1] - The company anticipates a one-off EBITDA charge of NOK 30-35 million in H1/Q2 2025, which is an accounting adjustment with no cash effect [1] - The company is currently in breach of its financial covenants but is in discussions with DNB for a covenant waiver [3] Financial Summary - Total revenue for Q1 2025 was NOK 244.8 million, with contributions from Maritime (NOK 102.4 million), Aftersales (NOK 58.4 million), and Industrial (NOK 84.0 million) [2] - Gross profit for the period was NOK 60.6 million, with a gross margin of 24.8% [2] - EBITDA before non-recurring items was reported at -NOK 2.8 million, with a margin of -1.2% [2] Company Overview - Vow ASA and its subsidiaries focus on preventing pollution by converting biomass and waste into valuable resources and generating clean energy [5] - The company provides advanced technologies that enable industry decarbonization and material recovery, converting various waste types into clean energy and low carbon fuels [6] - Vow ASA is a leader in wastewater purification and valorisation of waste in the cruise market, supporting industries in transitioning towards a fossil-free future [8]

Company Leadership - Gunnar Pedersen will assume the role of Chief Executive Officer of Vow ASA effective 19 May 2025, earlier than initially scheduled [1] - Mr. Pedersen has extensive leadership experience from the maritime and industrial sectors, previously serving as Executive Vice President, Automation & Control at Kongsberg Maritime [2] - The Chair of the Board, Thomas Fredrick Borgen, expressed confidence that Mr. Pedersen's experience will be instrumental in advancing the company's strategic priorities and creating long-term value for stakeholders [3] Company Overview - Vow ASA and its subsidiaries, including Scanship, C.H. Evensen, and Etia, focus on preventing pollution through innovative solutions that convert biomass and waste into valuable resources and clean energy [4] - The company provides advanced technologies that enable industry decarbonization and material recovery, converting various waste types into clean energy and low carbon fuels [5] - Vow ASA is a leader in the cruise market for wastewater purification and has strong positions in food safety, robotics, and heat-intensive industries with a decarbonizing agenda [6]