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The latest announcement is out from REC Silicon ASA ( (RNWEF) ).
REC Silicon ASA reported fourth-quarter 2025 revenues from continuing operations of USD 20.1 million, up from USD 16.9 million in the previous quarter, while narrowing its EBITDA loss to USD 3.7 million from USD 7.2 million. The Butte segment posted EBITDA of USD 1.6 million as silicon gas sales volumes rose slightly and average prices increased 17.6 percent, reflecting a more favorable product mix.
Despite the operational improvements, REC Silicon’s cash balance declined to USD 7.3 million at year-end from USD 10.0 million in September, though it recorded USD 17.0 million in net cash inflows from financing driven mainly by new loans. The company is relying on a fully underwritten rights issue backed by its largest shareholder Anchor AS to stabilize liquidity, reduce some debt and support its strategic transition toward becoming a silicon gases-focused business while continuing cost optimization and revenue enhancement efforts.
More about REC Silicon ASA
REC Silicon ASA is a Norway-based producer of advanced silicon materials, supplying high-purity silicon gases to the global solar and electronics industries. Leveraging more than 40 years of experience and proprietary technology, the company focuses on specialty silicon gases and is listed on the Oslo Stock Exchange under the ticker RECSI.
Average Trading Volume: 412,559
Current Market Cap: NOK449.6M
See more data about RNWEF stock on TipRanks’ Stock Analysis page.