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Pyrum Innovations AG ( (DE:PYR) ) just unveiled an announcement.
Pyrum Innovations AG reported preliminary figures for 2025 showing revenues doubled to EUR 4.1 million, driven partly by EUR 2 million in consulting income, although missing its revenue forecast due to the absence of ThermoTireBlack sales in the fourth quarter. Total output fell slightly as commissioning work on the Dillingen expansion neared completion, the net loss widened marginally to EUR 10.5 million, and liquidity strengthened to EUR 17 million following a capital increase.
Operationally, the company advanced its growth strategy by establishing project companies in the Czech Republic and Germany to expand production capacity, while securing ISCC-EU certification for its ThermoTireOil, enabling its use as biofuel and opening a new market segment. Management is currently focused on resolving issues at the milling and pelletising plant to transition to regular operations, underlining that Pyrum is still in an investment and scale-up phase despite solid financial backing and growing strategic relevance in tyre recycling.
The most recent analyst rating on (DE:PYR) stock is a Buy with a NOK57.73 price target. To see the full list of analyst forecasts on Pyrum Innovations AG stock, see the DE:PYR Stock Forecast page.
More about Pyrum Innovations AG
Pyrum Innovations AG is a German cleantech company that has developed an innovative thermolysis technology to recycle end-of-life tyres and plastics with minimal emissions. The group recovers high-quality products such as ThermoTireOil and ThermoTireBlack, which are supplied to industrial partners including BASF, Continental and Schwalbe, positioning Pyrum in the circular economy and sustainable materials markets.
Average Trading Volume: 552
Current Market Cap: NOK1.22B
See more insights into PYR stock on TipRanks’ Stock Analysis page.