Key Takeaways
- Desert Control doubled revenues in 2024, driven by commercial golf course clients, expanded agriculture projects, and increased licensing revenue in the Middle East.
- Q4 highlights include securing California golf course contracts, tripling licensing revenue in the UAE and Saudi Arabia, and selection for a United Nations WFP Innovation Accelerator project in Iraq.
- The next-generation production system, achieving 120,000 L/hour capacity, remains on track for commercial launch in mid-2025.
- Post-quarter agreement secured with Oasis Date, North America’s largest date grower, for 160 acres of LNC deployment with potential expansion to 5,000 acres.
- Cash position at $5.62 million USD, with no interest-bearing debt, supporting continued scalability and commercialization efforts in 2025.
Breakthrough Year in 2024
Desert Control (Profile) reported significant progress in 2024, advancing from pilot projects to full-scale commercial deployments. The company achieved its first full-scale golf course contracts, expanded agricultural applications, and tripled licensing revenue in the Middle East.
Revenue and project volumes more than doubled compared to 2023, positioning Desert Control for a projected tenfold increase in 2025.
“2024 was a transformative year for Desert Control, as we moved from pilot programs to commercial adoption. With strong demand for our LNC technology and increasing scalability, we are well-positioned for significant growth in 2025,” the company stated.
Q4 2024 Highlights
1. First Full-Scale Golf Course Deployments
- Signed contracts with two California golf courses under a pay-as-you-save model, totaling $1.23 million USD in potential value.
- This recurring revenue model accelerates adoption and shortens sales cycles.
2. Licensing Expansion in the Middle East
- Licensing revenue tripled from Q3 to Q4, driven by new deployments in the UAE and Saudi Arabia.
- Signed agreements for commercial real estate projects in the UAE and a collaboration with Estidama in Saudi Arabia for sustainable agriculture applications.
3. Selected for UN WFP Innovation Accelerator
- Funded demonstration project in Iraq under the World Food Programme’s SPRINT program.
- Focuses on restoring degraded land for food security and climate resilience.
4. Next-Gen Production System Achieves 120,000 L/Hour
- Field-tested in H2 2024, with an 8X capacity increase.
- On track for commercial readiness in mid-2025, reducing costs and increasing scalability.
5. Post-Quarter Deal with Oasis Date
- $132,000 USD contract signed on January 15, 2025, for 160 acres of LNC deployment.
- Potential for expansion to 5,000 acres, representing a major opportunity in sustainable agriculture.
Financial Performance
| Financial Metric | 2024 (USD) | 2023 (USD) | Change |
|---|---|---|---|
| Full-Year LNC Revenue | $165,000 | $78,000 | +112% |
| Q4 Revenue | $19,000 | $0 | New Revenue |
| Full-Year EBITDA | -$4.99M | -$5.27M | Improved |
| Cash Position (End of Year) | $5.62M | $10.43M | Reflects Scaling Investments |
- Revenue more than doubled, with LNC revenue reaching $165,000 USD.
- EBITDA improved to -$4.99 million USD, reflecting operational efficiencies and licensing growth.
- Cash reserves at $5.62 million USD, with no interest-bearing debt, ensuring financial stability for continued expansion.
Outlook for 2025
Desert Control is poised for significant growth in 2025, with:
✔ Scaling from pilot programs to full-scale commercial deployments in golf, agriculture, and urban landscaping.
✔ Next-gen production system launch, unlocking higher capacity and cost efficiencies.
✔ Expanding licensing revenues and recurring revenue contracts.
✔ Strong commercial pipeline driving growth in soil health and water conservation markets.
Read the complete financial results here.
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