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NEL ASA (NLLSF)
OTHER OTC:NLLSF
Earnings Data
Report Date
Jul 16, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 8.33%
|Next Earnings Date:Jul 16, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment with robust order intake and strategic partnerships balancing significant revenue decline and operational losses. While Nel faces challenges in the alkaline segment and project uncertainties, its strong cash reserves and focus on next-generation technology development provide a positive outlook.Company Guidance
In the first quarter of fiscal year 2025, Nel reported revenues of NOK 155 million and an EBITDA of minus NOK 115 million. The company saw an order intake of NOK 311 million, with an order backlog of NOK 1.46 billion. Cash reserves stood at over NOK 2 billion, with a cash balance of NOK 2.059 billion. Compared to the previous year, revenues declined by 69%, although PEM revenues increased by 64%. The company faced lower activity levels in the alkaline segment, resulting in a 69% revenue drop. Research and development expenses were NOK 23 million for alkaline and NOK 22 million for PEM, reflecting ongoing investment in next-generation technologies. Nel also noted a private placement of NOK 353 million, positioning Samsung E&A as its largest shareholder. The company announced cost reductions, including downsizing to around 350 employees by mid-2025, aiming for a sustainable cash burn rate. Additionally, Nel's market outlook was bolstered by a collaboration agreement with Samsung E&A and a record high PEM order intake, indicating strong momentum for its containerized PEM solutions.Record High PEM Order Intake
In Q1 2025, Nel experienced a record high order intake for PEM solutions, the highest they've ever booked, driven by containerized solutions.
Collaboration with Samsung E&A
Nel signed a collaboration agreement with Samsung E&A, which also became their largest shareholder with a 9.1% stake after a NOK 353 million private placement.
Successful Cost Reduction Measures
Implemented cost reductions and capacity adjustments, including a temporary halt of the Herya facility, expected to reduce the cost base over 2025.
Development of Next-Generation Technologies
Continued investment in R&D for next-generation alkaline and PEM technologies, including a promising pressurized alkaline prototype development.
Healthy Cash Reserves
Nel maintains more than NOK 2 billion in cash reserves, providing a strong financial position to weather market challenges.
Significant Partnerships
Partnerships with industry leaders like Samsung E&A, General Motors, and Reliance underline Nel's strong market position and technological reliability.
NLLSF Earnings History
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
NLLSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $0.24 | $0.23 | -4.17% |
Feb 26, 2025 | $0.21 | $0.23 | +9.52% |
Oct 16, 2024 | $0.42 | $0.40 | -4.76% |
Jul 17, 2024 | $0.64 | $0.62 | -3.13% |
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 (NLLSF) report earnings?
NEL ASA (NLLSF) is schdueled to report earning on Jul 16, 2025, TBA Not Confirmed.
What is NEL ASA (NLLSF) earnings time?
NEL ASA (NLLSF) earnings time is at Jul 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NLLSF EPS forecast?
NLLSF EPS forecast for the fiscal quarter 2025 (Q2) is >-0.01.