New Risk • Jun 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 11% 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr41m free cash flow). Earnings have declined by 75% per year over the past 5 years. Shareholders have been substantially diluted in the past year (108% increase in shares outstanding). Market cap is less than US$10m (€6.59m market cap, or US$7.66m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Board Change • May 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman Christian Dovland was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 30
Energeia AS, Annual General Meeting, May 19, 2026 Energeia AS, Annual General Meeting, May 19, 2026. 공시 • Sep 26
Energeia AS has completed a Follow-on Equity Offering in the amount of NOK 31 million. Energeia AS has completed a Follow-on Equity Offering in the amount of NOK 31 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,033,333,333
Price\Range: NOK 0.03
Transaction Features: Rights Offering 공시 • Aug 26
Energeia AS has filed a Follow-on Equity Offering in the amount of NOK 31 million. Energeia AS has filed a Follow-on Equity Offering in the amount of NOK 31 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,033,333,333
Price\Range: NOK 0.03
Transaction Features: Rights Offering 공시 • Mar 01
Energeia AS announced that it expects to receive NOK 20 million in funding Energeia AS announced a private placement of 400,000,000 new shares at a price of NOK 0.05 per share for the gross proceeds of NOK 20,000,000 on February 27, 2025. The transaction will include participation from Obligo Nordic Climate Impact Fund III AB and Eidsiva Vekst AS. The transaction has been approved by the shareholders of the company. Reported Earnings • Nov 14
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr19.0m (up 14% from 3Q 2023). Net loss: kr2.37m (loss narrowed 69% from 3Q 2023). Reported Earnings • Aug 23
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr21.0m (down 2.9% from 2Q 2023). Net loss: kr229.0k (loss narrowed 62% from 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Renewable Energy industry in Germany. Reported Earnings • May 23
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr13.3m (down 19% from 1Q 2023). Net loss: kr6.11m (loss widened 115% from 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Renewable Energy industry in Germany. 공시 • Mar 23
Energeia AS to Report Fiscal Year 2023 Final Results on Apr 17, 2024 Energeia AS announced that they will report fiscal year 2023 final results on Apr 17, 2024 Reported Earnings • Mar 08
Full year 2023 earnings released: kr0.16 loss per share (vs kr0.032 profit in FY 2022) Full year 2023 results: kr0.16 loss per share (down from kr0.032 profit in FY 2022). Revenue: kr71.1m (down 8.7% from FY 2022). Net loss: kr19.4m (down kr23.1m from profit in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Renewable Energy industry in Germany. New Risk • Mar 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 29% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 29% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€12.9m market cap, or US$14.1m). 공시 • Oct 18
Energeia AS Announces Executive Appointments Energeia AS has strengthened the project development team in Norway in order to ensure a successful execution of the significant Solar PV power plant project portfolio currently under development in Norway. Elisabeth Dragseth has been employed full time as Head of Group Accounting (norsk: Konsernregnskapssjef). Dragseth has long experience from auditing, accounting, system implementation and financial reporting. She has a master's degree in auditing and accounting from Oslo MET and holds a certification as State Authorized Public Accountant (norsk: Statsautorisert revisor). Former employers include KPMG, Aberia and Norlandia Health Care Group. Start date 1 October 2023. Jørgen Kocbach Bølling has been employed full time as Head of Concessions and Environment (norsk: Ansvarlig konsesjoner og miljø). Bølling has extensive experience on the matter of energy concessions from his 14 years as senior advisor in NVE and now most recent as head of solar power and district heating (norsk: fagleder solenergi og fjernvarme). Other experiences include managing director of Schulerudgaarden, senior advisor in Sweco, sales manager in SGP Varmeteknikk and consultant in Naturvernforbundet. Bølling holds a degree as Siv. Agric. from UMB and university candidate in environmental technology from Høgskolen i Hedemark. Start date 1 January 2024. Reported Earnings • Aug 27
Second quarter 2023 earnings released: kr0.005 loss per share (vs kr0.029 profit in 2Q 2022) Second quarter 2023 results: kr0.005 loss per share (down from kr0.029 profit in 2Q 2022). Revenue: kr21.7m (up 369% from 2Q 2022). Net loss: kr605.0k (down 154% from profit in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Renewable Energy industry in Germany.