Quadrise has experienced a significant surge, climbing to the top of the small-cap movers list after adding another prominent client to its rapidly growing roster. The latest client, Morocco-based fertiliser and phosphate giant OCP, has announced a trial with Quadrise. This follows an earlier announcement in April of a binding agreement between Quadrise, the shipping company MSC, and Cargill, which specialises in crops and food transportation.
Quadrise is gaining attention as a noteworthy small-cap player in the alternative fuels market. Its products, MSAR and its biofuel sister product BioMSAR, are designed to reduce the significant emissions produced by the shipping industry, aiding the transition to greener alternatives. According to Shore Capital Markets, Quadrise’s house broker, the company’s potential in the marine sector, particularly with MSC, could be immense. Even if a small percentage of MSC’s overall fuel demand shifted to MSAR or BioMSAR, the annual revenue potential could be multiple times Quadrise’s current enterprise value.
Quadrise’s shares soared by 70%, driven by the latest round of client acquisitions. This impressive rally has pushed the stock’s year-on-year performance to over 100%, underscoring the market’s positive response to Quadrise’s strategic client expansion and its promising future in the alternative fuels sector.
Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.
