Elliptic Laboratories ASA 2024 AR2
The report highlights Elliptic Labs' financial and operational performance for the fiscal year 2024, marking its first-ever year of EBITDA profitability. The company achieved a 93% increase in revenues from contracts with customers, driven by the deployment of its AI Virtual Smart Sensor Platform across 66 smartphone models and 15 laptop models. On the sustainability front, Elliptic Labs moved its headquarters to a BREEAM Excellent certified smart building in Oslo and continued its commitment to reducing the environmental footprint of devices by replacing hardware sensors with software solutions. Additionally, the company maintained its focus on diversity, reporting that women comprised 40% of its Board of Directors and 29% of its executive leadership team.
Company: Elliptic Laboratories ASA
Sector: Professional & technical services
Country: Norway
Year: 2024
Type: AR2
Pages: 72
Elliptic Laboratories ASA
The report highlights Elliptic Labs' financial and operational performance for the fiscal year 2024, marking its first-ever year of EBITDA profitability. The company achieved a 93% increase in revenues from contracts with customers, driven by the deployment of its AI Virtual Smart Sensor Platform across 66 smartphone models and 15 laptop models. On the sustainability front, Elliptic Labs moved its headquarters to a BREEAM Excellent certified smart building in Oslo and continued its commitment to reducing the environmental footprint of devices by replacing hardware sensors with software solutions. Additionally, the company maintained its focus on diversity, reporting that women comprised 40% of its Board of Directors and 29% of its executive leadership team.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees