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HYPRO Q4 2025 Report FINAL
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Energi & Miljö |
| Industri | Energikällor |
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27 February 2026 – HydrogenPro ASA (OSE: HYPRO): HydrogenPro reported its financial results for the fourth quarter of 2025 today.
Highlights:
- Pipeline maturing with expected FIDs in 2026 to a potential contract value of NOK ~1bn
- Commissioning of ACES 220 MW project nearing conclusion
- Ramping up manufacturing of electrodes in Denmark
- Streamlining operations with continued cost saving measures
- HydrogenPro acquires full ownership of manufacturing site in Tianjin, China
- New Chief Commercial Officer, started 1st of December 2025
Q4 2025 financials (Q3 2025 numbers in brackets):
– Revenues: NOK 17 million (NOK 35 million)
– EBITDA: NOK -49 million (NOK -45 million)
– Net result: NOK -44 million (NOK -54 million)
– Order Backlog: NOK 275 million (NOK 252 million)
– Cash Balance at end of the quarter: NOK 102 million (NOK 121 million).
Jarle Dragvik, CEO of HydrogenPro, comments: “We are pleased to announce that commissioning at ACES in Utah, US, is nearing completion. HydrogenPro’s 40 electrolyzers are fully operational and produce hydrogen gas.
HydrogenPro is proud to highlight its contribution to strengthening the renewable power supply in California through these deliveries. This solution plays a vital role in enabling low-carbon power production and stands as a testament to our commitment to supporting decarbonization. The project represents technologically groundbreaking and highly complex work. Once fully up and running, this project will give us a competitive advantage, strengthening our track record and serving as a critical factor in winning new contracts.
There is broad market consensus on strong growth in clean hydrogen, which is estimated to reach 5.5-10 Mtpa by 2030. As market expectations improve, there is an increasing focus on proven project delivery capability in a market where supply of low-cost green hydrogen is constrained”.
The company will host a webcast presentation at 10:00 CET, followed by a Q&A session. The presentation will be given by Jarle Dragvik (CEO), Martin Thanem Holtet (CFO) and Michael Caspersen (CCO). Questions can be posted online during the presentation.
Link to webcast: https://qcnl.tv/p/X9RlXFUDlMsO9LZKFGMbkA