The earnings call presented a mixed picture. On the one hand, Nel showcased significant technological advancements and strategic partnerships, maintaining a strong cash position. On the other hand, the company faced challenges with declining revenues, lower order intake, and contract cancellations. While the long-term outlook appears promising due to technological innovations and partnerships, the short-term challenges, including financial losses and slower market momentum, weigh heavily on the sentiment.
Company Guidance -
Q3 2025
During the call, Nel's CEO, Hakon Rypern Volldal, provided guidance on several key metrics for the second quarter of 2025. The company reported revenue from contracts with customers of NOK 174 million, a decrease from NOK 332 million in the same quarter last year, resulting in a 48% decline attributed to lower project activity and contract cancellations. The negative EBITDA was NOK 86 million, while the order intake and backlog stood at NOK 71 million and NOK 1.25 billion, respectively. Despite these challenges, Nel's cash balance remained robust at NOK 1.9 billion. The cash burn rate decreased significantly to around minus NOK 120 million per quarter, compared to past quarters of up to NOK 500 million, due to reduced spending on production line equipment and capacity ramp-ups. Additionally, the company has started cost reduction activities, reducing its workforce from 430 to 361 employees since the end of Q3 2024. Looking ahead, Nel is focused on developing new technologies to lower the levelized cost of hydrogen, aiming for commercial product launches and deliveries at scale by 2027. Despite lower revenues and slower order intake, the company remains optimistic about its long-term prospects, supported by a strong project pipeline and advancements in hydrogen technology.
Samsung E&A Partnership
Samsung E&A launched its CompassH2 hydrogen plant solution with Nel Inside, marking a significant partnership and product launch.
MOU with HydePoint
Nel signed a memorandum of understanding with HydePoint to co-develop modular hydrogen systems for offshore and nearshore environments.
Improved Cash Burn Rate
The cash burn rate has significantly decreased to minus NOK 120 million per quarter from nearly NOK 500 million in previous quarters.
Technology Advancements
Nel is introducing a next-generation pressurized alkaline system with a 40% to 60% reduction in system CapEx and improved energy efficiency.
Strong Cash Position
Nel maintains a solid cash balance at NOK 1.9 billion, providing financial stability.
NEL ASA (DE:D7G) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:D7G Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 16, 2025
€0.23
€0.21
-5.29%
Apr 30, 2025
€0.20
€0.19
-4.04%
Feb 26, 2025
€0.20
€0.20
+1.54%
Oct 16, 2024
€0.39
€0.36
-8.63%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NEL ASA (DE:D7G) report earnings?
NEL ASA (DE:D7G) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).
What is NEL ASA (DE:D7G) earnings time?
NEL ASA (DE:D7G) earnings time is at Oct 29, 2025, Before Open (Confirmed).
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