Norway · Delayed Price · Currency is NOK Lokotech Group AS Earnings Call Transcripts
Fiscal Year 2026
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The group is advancing a highly efficient ASIC chip for both crypto mining and edge AI, with first silicon expected this year. Mining pool operations are rapidly expanding, outpacing market growth, and the company is scaling data center capacity while targeting institutional clients.
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The session highlighted the imminent tape-out of a dual-purpose ASIC for Scrypt and AI, strong financial positioning, and a focus on innovation and ecosystem growth. The team addressed shareholder questions on market potential, production, and upcoming warrant exercises.
Fiscal Year 2025
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The group is cash flow positive, with a highly efficient chip product, strong order backlog, and robust growth in its mining pool and data center businesses. A $12.5–15 million capital raise is planned to fund mass production, with risk mitigations and market expansion strategies in place.
Fiscal Year 2024
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Transitioned to industrial phase with mass production readiness, strong PowerPool growth, and cash flow positivity. Secured $6–$13 million in hardware pre-orders and expanded global reach, while addressing capital needs through a rights issue.
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Transitioning to production of highly energy-efficient ASICs, with PowerPool and edge AI as key growth drivers. Flexible commercial agreements, strong security, and vertical integration support a scalable business model. Positive cash flow is expected in 2025, with long-term ambitions in AI and blockchain.
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The discussion highlighted significant progress in ASIC development, innovative business models combining self-mining and customer sales, and rapid growth in PowerPool. Multiple financing and product strategies are being pursued, with a strong focus on transparency, efficiency, and expanding into new verticals.