CleanSpace eyes 30% growth, EBITDA breakeven

Описание: CleanSpace Holdings Ltd CEO Gabrielle O’Carroll talked with Proactive at the ASX SMIDcaps Conference about the company’s growth trajectory and product innovation in powered air purifying respirators (PAPRs).

CleanSpace was founded in 2009, based on an innovation developed during the SARS epidemic. The company's differentiator is its lightweight, head-mounted respirators that contrast with the bulkier waist-mounted models commonly available in the industrial market.

“We are steadily approaching that breakeven EBITDA, profitable EBITDA position, which is our goal,” O’Carroll said.

O’Carroll explained that CleanSpace's respirators are well suited for industrial sectors like mining, infrastructure, and petrochemicals. The products are marketed in key regions including the United States, Western Europe, and Australia. The company has 52 employees and recorded AU$9.2 million in revenue in the first half, up 26% year-over-year. CleanSpace is targeting annual revenue growth of 25–30% and expects to achieve positive EBITDA soon.

To drive this, the company is focused on raising brand awareness, engaging directly with end users, and supporting occupational hygienists and safety managers. CleanSpace is also investing in R&D to support future product launches.

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