Amersfoort, The Netherlands – August 4, 2023 – Envipco, a global provider of recycling systems and reverse vending 
machines (RVMs), has today published a restatement of the 2022 quarterly unaudited results to take effect of audited 
adjustments in the appropriate 2022 quarter. The Key Figures for the restated 2022 unaudited quarterly results are 
summarized below. The full restated 2022 quarterly financial schedules are included on the company’s website 
(www.envipco.com) under Investors/Financials/2022. For the 2023 quarterly results, the comparisons to prior year 
quarters will be to the restated/unaudited results.

2022 Restated Unaudited Quarterly Results – Key Figures

Q1 2022 Q2 2022 Q3 2022 Q4 2022 Audited
in EUR millions FY 2022
Revenues 10.1 15.9 16.9 13.4 56.4
Gross Profit 3.5 5.5 5.3 4.2 18.5
Gross profit % 34.7% 34.4% 31.2% 31.2% 32.8%
Operating Expenses 4.7 5.9 6.1 6.5 23.1
EBIT (1.2) (0.4) 1.2
1
(2.3) (2.7)1
Net profit/(loss) after taxes after minority (1.4) (0.6) (0.2) (2.0) (4.2)
EBITDA (0.0) 0.8 2.5 (1.1) 2.3
Earnings/(loss) per share in € (0.03) (0.01) (0.00) (0.04) (0.09)
Shareholders’ equity 29.7 31.9 33.9 27.9 27.9
1) Including other income of EUR 1.9 million in 2022 (PPP forgiveness).

The full financial schedules for the Envipco First Quarter 2023 Trading Update are included on the company’s website 
(www.envipco.com) under Investors/Financials/2023. The Key Figures in the First Quarter 2023 Trading Update have 
been adjusted to reflect comparison to the 2022 Restated Unaudited Q1 Results as reflected below.

2023 First Quarter Trading Update – Key Figures

in EUR millions Q1 2023 Q1 2022 FY 2022
Revenues 10.4 10.1 56.4
Gross Profit 3.5 3.5 18.5
Gross profit % 33.9% 34.7% 32.8%
Operating Expenses 5.8 4.7 23.1
EBIT (2.2) (1.2) (2.7)1
Net profit/(loss) after taxes after minority (2.6) (1.4) (4.2)
EBITDA (0.9) (0.0) 2.3
Earnings/(loss) per share in € (0.06) (0.03) (0.09)
Shareholders’ equity 39.2 29.7 27.9
1) Including other income of EUR 1.9 million in 2022 (PPP forgiveness).

For further information please contact:
Simon Bolton, Group CEO
+31 33 285 1773
EnvipcoInvestorRelations@envipco.com

About Envipco Holding N.V.
Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding company listed on Euronext 
Amsterdam and Euronext Oslo Growth (Symbols: ENVI/ENVIP). Envipco, with operations in several countries around 
the globe, is a recognized leader in the development and operation of reverse vending machines (RVMs), automated 
technological systems for the recovery of used beverage containers. Known for its innovative technology and market 
leadership, Envipco holds several intellectual property rights for RVM systems, including but not limited to beverage 
refund deposit markings, material type identification, compaction, and accounting