Climeon AB Reports Growing Interest in HeatPower Technology

Climeon AB Class B ( (CLMOF) ) has released its Q2 earnings. Here is a breakdown of the information Climeon AB Class B presented to its investors.

Climeon AB is a Swedish company specializing in energy technology, particularly in converting low-temperature heat into clean electricity using its proprietary HeatPower system. The company operates primarily within the maritime and energy sectors, offering solutions that enhance energy efficiency and reduce emissions.

In its latest earnings report, Climeon highlighted a growing interest in its HeatPower 300 technology, particularly in the maritime industry, with a notable follow-up order from NovaAlgoma Cement Carriers. The company also reported the successful commissioning of HeatPower 300 units on vessels and at an industrial site in Lithuania, showcasing the system’s efficiency in producing sustainable electricity. Additionally, Climeon raised approximately SEK 30 million through a directed share issue to support further growth.

Key financial metrics from the report include an order intake of SEK 11.2 million for the first half of 2025, with net sales reaching SEK 7.0 million. While the company reported an operating loss of SEK -60.6 million, it managed to improve cash flow from operating activities, which amounted to SEK -18.9 million. Climeon also emphasized its strategic focus on expanding its presence in Asia and strengthening its financial resilience through cost reductions.

Looking ahead, Climeon remains optimistic about its role in the green transition, particularly within the maritime industry, where stricter environmental regulations are driving demand for energy-efficient technologies. The company aims to continue its growth trajectory by securing new orders and enhancing customer satisfaction, while also focusing on optimizing its HeatPower platform to meet diverse market needs.