ReFuels（REFL）株式概要ReFuels N.V.は、イギリスおよびヨーロッパ諸国において、バイオメタンおよび圧縮天然ガス（CNG）燃料補給ステーションの設計、開発、運営を行っている。 詳細REFL ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長2/6過去の実績1/6財務の健全性2/6配当金0/6報酬当社が推定した公正価値より94.9%で取引されている 収益は年間51.91%増加すると予測されています 今年は黒字化を達成 リスク分析高いレベルの非現金収入 負債は営業キャッシュフローで十分にカバーされていない 収益が 100 万ドル未満 ( £-108M )今後3年間の収益は年平均104.1%減少すると予測されている。 +1 さらなるリスクすべてのリスクチェックを見るREFL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNOK Current PriceNOK 17.30該当なし内在価値ディスカウントEst. Revenue$PastFuture-108m68m2016201920222025202620282031Revenue UK£8.1Earnings -UK£5.1AdvancedSet Fair ValueView all narrativesReFuels N.V. 競合他社S.D. Standard ETCSymbol: OB:SDSDMarket cap: NOK 970.3mHunter GroupSymbol: OB:HUNTMarket cap: NOK 963.9mPetroNor E&PSymbol: OB:PNORMarket cap: NOK 2.5bEidesvik OffshoreSymbol: OB:EIOFMarket cap: NOK 1.2b価格と性能株価の高値、安値、推移の概要ReFuels過去の株価現在の株価NOK 17.3052週高値NOK 22.4052週安値NOK 10.70ベータ-0.481ヶ月の変化-13.07%3ヶ月変化22.70%1年変化8.81%3年間の変化-30.24%5年間の変化n/aIPOからの変化-33.97%最新ニュースお知らせ • May 06+ 3 more updatesReFuels N.V. to Report Q1, 2027 Results on Aug 27, 2026ReFuels N.V. announced that they will report Q1, 2027 results on Aug 27, 2026New Risk • Mar 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Earnings are forecast to decline by an average of 146% per year for the foreseeable future. High level of non-cash earnings (40% accrual ratio). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (kr918.2m market cap, or US$96.3m).Reported Earnings • Aug 31First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: UK£50.3m (up UK£56.1m from 1Q 2025). Revenue is expected to fall by 120% p.a. on average during the next 2 years compared to a 5.4% decline forecast for the Oil and Gas industry in Norway.Reported Earnings • May 30Full year 2025 earnings released: UK£0.28 loss per share (vs UK£0.34 loss in FY 2024)Full year 2025 results: UK£0.28 loss per share (improved from UK£0.34 loss in FY 2024). Revenue: UK£153.7m (up 42% from FY 2024). Net loss: UK£17.1m (loss narrowed 17% from FY 2024). Revenue is expected to fall by 150% p.a. on average during the next 2 years compared to a 3.9% decline forecast for the Oil and Gas industry in Norway.お知らせ • May 22ReFuels N.V., Annual General Meeting, Sep 18, 2026ReFuels N.V., Annual General Meeting, Sep 18, 2026.お知らせ • May 21+ 3 more updatesReFuels N.V. to Report First Half, 2026 Results on Nov 28, 2025ReFuels N.V. announced that they will report first half, 2026 results on Nov 28, 2025最新情報をもっと見るRecent updatesお知らせ • May 06+ 3 more updatesReFuels N.V. to Report Q1, 2027 Results on Aug 27, 2026ReFuels N.V. announced that they will report Q1, 2027 results on Aug 27, 2026New Risk • Mar 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Earnings are forecast to decline by an average of 146% per year for the foreseeable future. High level of non-cash earnings (40% accrual ratio). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (kr918.2m market cap, or US$96.3m).Reported Earnings • Aug 31First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: UK£50.3m (up UK£56.1m from 1Q 2025). Revenue is expected to fall by 120% p.a. on average during the next 2 years compared to a 5.4% decline forecast for the Oil and Gas industry in Norway.Reported Earnings • May 30Full year 2025 earnings released: UK£0.28 loss per share (vs UK£0.34 loss in FY 2024)Full year 2025 results: UK£0.28 loss per share (improved from UK£0.34 loss in FY 2024). Revenue: UK£153.7m (up 42% from FY 2024). Net loss: UK£17.1m (loss narrowed 17% from FY 2024). Revenue is expected to fall by 150% p.a. on average during the next 2 years compared to a 3.9% decline forecast for the Oil and Gas industry in Norway.お知らせ • May 22ReFuels N.V., Annual General Meeting, Sep 18, 2026ReFuels N.V., Annual General Meeting, Sep 18, 2026.お知らせ • May 21+ 3 more updatesReFuels N.V. to Report First Half, 2026 Results on Nov 28, 2025ReFuels N.V. announced that they will report first half, 2026 results on Nov 28, 2025お知らせ • Apr 30ReFuels N.V. to Report Q4, 2025 Results on Aug 29, 2025ReFuels N.V. announced that they will report Q4, 2025 results at 7:00 AM, Central European Standard Time on Aug 29, 2025Reported Earnings • Mar 05Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: UK£44.1m (up 58% from 3Q 2024). Net loss: UK£5.98m (loss widened 285% from 3Q 2024). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Oil and Gas industry in Norway.分析記事 • Mar 05Would ReFuels (OB:REFL) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Board Change • Feb 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Chairperson of the Board Yvonne Visser-Stam was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 01Second quarter 2025 earnings released: UK£0.14 loss per share (vs UK£0.025 loss in 2Q 2024)Second quarter 2025 results: UK£0.14 loss per share (further deteriorated from UK£0.025 loss in 2Q 2024). Revenue: UK£35.8m (up 29% from 2Q 2024). Net loss: UK£8.41m (loss widened 442% from 2Q 2024). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Oil and Gas industry in Norway.New Risk • Nov 29New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£21m Forecast net loss in 2 years: UK£7.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 2 years (UK£7.4m net loss in 2 years). Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (kr628.2m market cap, or US$56.7m).New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (kr561.8m market cap, or US$50.8m).Breakeven Date Change • Oct 09Forecast to breakeven in 2027The analyst covering ReFuels expects the company to break even for the first time. New forecast suggests losses will reduce by 83% per year to 2026. The company is expected to make a profit of UK£5.68m in 2027. Average annual earnings growth of 111% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 03No longer forecast to breakevenThe analyst covering ReFuels no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of UK£5.68m in 2027. New forecast suggests the company will make a loss of UK£4.06m in 2027.New Risk • Sep 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: UK£27m Forecast net loss in 3 years: UK£4.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-UK£16m free cash flow). Minor Risks Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 3 years (UK£4.1m net loss in 3 years). Market cap is less than US$100m (kr1.00b market cap, or US$94.6m).Breakeven Date Change • Jun 13Forecast to breakeven in 2027The analyst covering ReFuels expects the company to break even for the first time. New forecast suggests losses will reduce by 85% per year to 2026. The company is expected to make a profit of UK£5.68m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.Breakeven Date Change • Jun 12Forecast to breakeven in 2027The analyst covering ReFuels expects the company to break even for the first time. New forecast suggests losses will reduce by 49% per year to 2026. The company is expected to make a profit of UK£5.68m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.お知らせ • May 03+ 5 more updatesReFuels N.V. to Report Q3, 2025 Results on Mar 04, 2025ReFuels N.V. announced that they will report Q3, 2025 results on Mar 04, 2025Recent Insider Transactions • Jan 31MD, CFO & Executive Director recently bought kr96k worth of stockOn the 26th of January, Baden Gowrie-Smith bought around 5k shares on-market at roughly kr19.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Baden's only on-market trade for the last 12 months.New Risk • Jan 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: kr1.03b (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€306k). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 3 years (€732k net loss in 3 years). Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (kr1.03b market cap, or US$97.9m).Breakeven Date Change • Dec 03No longer forecast to breakevenThe analyst covering ReFuels no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €3.31m in 2026. New forecast suggests the company will make a loss of €735.2k in 2026.New Risk • Dec 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €612k Forecast net loss in 3 years: €736k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€306k). Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-€151k). Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 3 years (€736k net loss in 3 years).お知らせ • Sep 01ReFuels N.V. Announces Changes to Board of DirectorsReFuels N.V. announced that at the Annual General Meeting of Shareholders 30 August 2023 approved the following: Appointment Ms Krastel-Hoek as non-executive director; appointment Mr. Tuohy as non-executive director. ReFuels also announced the appointments of Ms Carina Krastel-Hoek and Mr. David Tuohy as non-executive directors of ReFuels with immediate effect. In addition, ReFuels announced the resignation of Mr. Timothy John Baldwin as a non-executive director and chairperson of the Board of Directors of ReFuels effective from conclusion of the AGM. The Board of Directors of ReFuels has also approved the appointment of Ms Yvonne Visser-Stam as chairperson of the Board of Directors of ReFuels with effect from conclusion of the AGM in accordance with ReFuels' articles of association and board rules.Recent Insider Transactions • May 19Operations Director recently bought kr332k worth of stockOn the 15th of May, Luke Preston bought around 13k shares on-market at roughly kr25.82 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Luke's only on-market trade for the last 12 months.株主還元REFLNO Oil and GasNO 市場7D-8.5%5.8%3.2%1Y8.8%51.9%22.9%株主還元を見る業界別リターン: REFL過去 1 年間で51.9 % の収益を上げたNorwegian Oil and Gas業界を下回りました。リターン対市場: REFLは、過去 1 年間で22.9 % のリターンを上げたNorwegian市場を下回りました。価格変動Is REFL's price volatile compared to industry and market?REFL volatilityREFL Average Weekly Movement9.0%Oil and Gas Industry Average Movement7.2%Market Average Movement5.5%10% most volatile stocks in NO Market12.2%10% least volatile stocks in NO Market3.3%安定した株価: REFLの株価は、 Norwegian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: REFLの weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてNorwegianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2014106Philip Fjeldrefuels.comReFuels N.V.は、英国およびその他の欧州諸国において、バイオメタンおよび圧縮天然ガス（CNG）の給油ステーションの設計、開発、運営を行っている。また、生産者からの再生可能バイオメタンの調達、集約、供給、商用車へのバイオCNGの供給、再生可能輸送燃料証明書の発行も行っている。ReFuels N.V.は2014年に設立され、オランダのアムステルダムに本社を置いている。もっと見るReFuels N.V. 基礎のまとめReFuels の収益と売上を時価総額と比較するとどうか。REFL 基礎統計学時価総額NOK 1.05b収益（TTM）NOK 845.13m売上高(TTM)n/a1.2xPER（株価収益率-0.8xP/SレシオREFL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計REFL 損益計算書（TTM）収益-UK£107.54m売上原価-UK£97.43m売上総利益-UK£10.10mその他の費用-UK£78.04m収益UK£67.93m直近の収益報告Dec 31, 2025次回決算日May 29, 2026一株当たり利益（EPS）1.12グロス・マージン9.40%純利益率-63.17%有利子負債／自己資本比率141.7%REFL の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 22:06終値2026/05/20 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ReFuels N.V. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Adam ForsythLongspur Clean EnergyMax CampbellLongspur Clean Energy
お知らせ • May 06+ 3 more updatesReFuels N.V. to Report Q1, 2027 Results on Aug 27, 2026ReFuels N.V. announced that they will report Q1, 2027 results on Aug 27, 2026
New Risk • Mar 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Earnings are forecast to decline by an average of 146% per year for the foreseeable future. High level of non-cash earnings (40% accrual ratio). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (kr918.2m market cap, or US$96.3m).
Reported Earnings • Aug 31First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: UK£50.3m (up UK£56.1m from 1Q 2025). Revenue is expected to fall by 120% p.a. on average during the next 2 years compared to a 5.4% decline forecast for the Oil and Gas industry in Norway.
Reported Earnings • May 30Full year 2025 earnings released: UK£0.28 loss per share (vs UK£0.34 loss in FY 2024)Full year 2025 results: UK£0.28 loss per share (improved from UK£0.34 loss in FY 2024). Revenue: UK£153.7m (up 42% from FY 2024). Net loss: UK£17.1m (loss narrowed 17% from FY 2024). Revenue is expected to fall by 150% p.a. on average during the next 2 years compared to a 3.9% decline forecast for the Oil and Gas industry in Norway.
お知らせ • May 22ReFuels N.V., Annual General Meeting, Sep 18, 2026ReFuels N.V., Annual General Meeting, Sep 18, 2026.
お知らせ • May 21+ 3 more updatesReFuels N.V. to Report First Half, 2026 Results on Nov 28, 2025ReFuels N.V. announced that they will report first half, 2026 results on Nov 28, 2025
お知らせ • May 06+ 3 more updatesReFuels N.V. to Report Q1, 2027 Results on Aug 27, 2026ReFuels N.V. announced that they will report Q1, 2027 results on Aug 27, 2026
New Risk • Mar 02New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). Earnings are forecast to decline by an average of 146% per year for the foreseeable future. High level of non-cash earnings (40% accrual ratio). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (kr918.2m market cap, or US$96.3m).
Reported Earnings • Aug 31First quarter 2026 earnings releasedFirst quarter 2026 results: Net income: UK£50.3m (up UK£56.1m from 1Q 2025). Revenue is expected to fall by 120% p.a. on average during the next 2 years compared to a 5.4% decline forecast for the Oil and Gas industry in Norway.
Reported Earnings • May 30Full year 2025 earnings released: UK£0.28 loss per share (vs UK£0.34 loss in FY 2024)Full year 2025 results: UK£0.28 loss per share (improved from UK£0.34 loss in FY 2024). Revenue: UK£153.7m (up 42% from FY 2024). Net loss: UK£17.1m (loss narrowed 17% from FY 2024). Revenue is expected to fall by 150% p.a. on average during the next 2 years compared to a 3.9% decline forecast for the Oil and Gas industry in Norway.
お知らせ • May 22ReFuels N.V., Annual General Meeting, Sep 18, 2026ReFuels N.V., Annual General Meeting, Sep 18, 2026.
お知らせ • May 21+ 3 more updatesReFuels N.V. to Report First Half, 2026 Results on Nov 28, 2025ReFuels N.V. announced that they will report first half, 2026 results on Nov 28, 2025
お知らせ • Apr 30ReFuels N.V. to Report Q4, 2025 Results on Aug 29, 2025ReFuels N.V. announced that they will report Q4, 2025 results at 7:00 AM, Central European Standard Time on Aug 29, 2025
Reported Earnings • Mar 05Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: UK£44.1m (up 58% from 3Q 2024). Net loss: UK£5.98m (loss widened 285% from 3Q 2024). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Oil and Gas industry in Norway.
分析記事 • Mar 05Would ReFuels (OB:REFL) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Board Change • Feb 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Chairperson of the Board Yvonne Visser-Stam was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 01Second quarter 2025 earnings released: UK£0.14 loss per share (vs UK£0.025 loss in 2Q 2024)Second quarter 2025 results: UK£0.14 loss per share (further deteriorated from UK£0.025 loss in 2Q 2024). Revenue: UK£35.8m (up 29% from 2Q 2024). Net loss: UK£8.41m (loss widened 442% from 2Q 2024). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 5.9% decline forecast for the Oil and Gas industry in Norway.
New Risk • Nov 29New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£21m Forecast net loss in 2 years: UK£7.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 2 years (UK£7.4m net loss in 2 years). Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (kr628.2m market cap, or US$56.7m).
New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (kr561.8m market cap, or US$50.8m).
Breakeven Date Change • Oct 09Forecast to breakeven in 2027The analyst covering ReFuels expects the company to break even for the first time. New forecast suggests losses will reduce by 83% per year to 2026. The company is expected to make a profit of UK£5.68m in 2027. Average annual earnings growth of 111% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 03No longer forecast to breakevenThe analyst covering ReFuels no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of UK£5.68m in 2027. New forecast suggests the company will make a loss of UK£4.06m in 2027.
New Risk • Sep 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: UK£27m Forecast net loss in 3 years: UK£4.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-UK£16m free cash flow). Minor Risks Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 3 years (UK£4.1m net loss in 3 years). Market cap is less than US$100m (kr1.00b market cap, or US$94.6m).
Breakeven Date Change • Jun 13Forecast to breakeven in 2027The analyst covering ReFuels expects the company to break even for the first time. New forecast suggests losses will reduce by 85% per year to 2026. The company is expected to make a profit of UK£5.68m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
Breakeven Date Change • Jun 12Forecast to breakeven in 2027The analyst covering ReFuels expects the company to break even for the first time. New forecast suggests losses will reduce by 49% per year to 2026. The company is expected to make a profit of UK£5.68m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
お知らせ • May 03+ 5 more updatesReFuels N.V. to Report Q3, 2025 Results on Mar 04, 2025ReFuels N.V. announced that they will report Q3, 2025 results on Mar 04, 2025
Recent Insider Transactions • Jan 31MD, CFO & Executive Director recently bought kr96k worth of stockOn the 26th of January, Baden Gowrie-Smith bought around 5k shares on-market at roughly kr19.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Baden's only on-market trade for the last 12 months.
New Risk • Jan 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: kr1.03b (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€306k). Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 3 years (€732k net loss in 3 years). Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (kr1.03b market cap, or US$97.9m).
Breakeven Date Change • Dec 03No longer forecast to breakevenThe analyst covering ReFuels no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €3.31m in 2026. New forecast suggests the company will make a loss of €735.2k in 2026.
New Risk • Dec 02New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: €612k Forecast net loss in 3 years: €736k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Negative equity (-€306k). Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-€151k). Less than 3 years of financial data is available. Currently unprofitable and not forecast to become profitable over next 3 years (€736k net loss in 3 years).
お知らせ • Sep 01ReFuels N.V. Announces Changes to Board of DirectorsReFuels N.V. announced that at the Annual General Meeting of Shareholders 30 August 2023 approved the following: Appointment Ms Krastel-Hoek as non-executive director; appointment Mr. Tuohy as non-executive director. ReFuels also announced the appointments of Ms Carina Krastel-Hoek and Mr. David Tuohy as non-executive directors of ReFuels with immediate effect. In addition, ReFuels announced the resignation of Mr. Timothy John Baldwin as a non-executive director and chairperson of the Board of Directors of ReFuels effective from conclusion of the AGM. The Board of Directors of ReFuels has also approved the appointment of Ms Yvonne Visser-Stam as chairperson of the Board of Directors of ReFuels with effect from conclusion of the AGM in accordance with ReFuels' articles of association and board rules.
Recent Insider Transactions • May 19Operations Director recently bought kr332k worth of stockOn the 15th of May, Luke Preston bought around 13k shares on-market at roughly kr25.82 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Luke's only on-market trade for the last 12 months.
