LTI2
Sep 25, 7:07 PM
$BCHT Also worth noting during Gabelli presentation MacPherson said "3 years ago the company decided the air business would plateau at
$30 Million annually" as reason why they decided to pursue water business. That was a bit surprising to me as I thought I had recalled MacPherson previously suggesting they could reach
$40 Million annually in air business several times in the past. I did a sanity check using AI (Claude) and, sure enough, see response below:
<<Yes. In Birchtech's fiscal 2025 revenue guidance press release (March 4, 2025), the company stated that the air business run rate was expected to surpass
$40 million in 2026, with the release quoting Richard (Rick) MacPherson, Birchtech's CEO, on the momentum driving that outlook: "This preliminary estimate is based on the accelerating pace of revenue for our core air business line driven by our mercury emissions capture technologies," said Richard MacPherson, CEO of Birchtech Corp.>>
Sigh. Sloppy. To be trusted?
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