New Risk • Jul 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Revenue is less than US$1m (€318k revenue, or US$364k). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€7.6m net loss in 2 years). Market cap is less than US$100m (€13.4m market cap, or US$15.3m). Announcement • Jun 26
Haffner Energy S.A. to Report Fiscal Year 2026 Results on Jun 26, 2026 Haffner Energy S.A. announced that they will report fiscal year 2026 results on Jun 26, 2026 Announcement • Feb 19
Haffner Energy Launches CORE100, an Industrial Program with over EUR 300 Million Target Sales over Three Years Haffner Energy announced the launch of CORE100, a reservation program for 100 standardized C-iC industrial units, representing a target business volume of over EUR 300 million over three years. This program is expected to enable Haffner Energy to achieve positive EBITDA in the fiscal year beginning April 1, 2026, with a target EBITDA margin of more than 10% as of the following fiscal year. The Company anticipates being able to announce the first reservations shortly, following the interest generated by the unveiling of the C-iC range last month. CORE100 is an industrial program designed to reduce CAPEX for midsize projects. It also aims to build a significant order book over three years, thereby strengthening multi-year visibility and realigning the Company with the commercial trajectory defined in 2024. CORE100 is independent of the remainder of the Company's pipeline and does not affect the development of ongoing strategic projects, particularly in the field of large-scale synthetic fuels production. In a context marked by reduced subsidies and an uncertain geopolitical environment, decentralized midsize projects face high CAPEX levels that are too high to ensure competitiveness and bankability. CORE100 was designed to remove this barrier. The program provides access to various types of equipment which, based on the same technology, can produce either 50 kg/h of hydrogen (400 tonnes per year) or 1,700 kWh of syngas for the production of methanol orethane, or in an alternative configuration, for the production of thermal energy. It is reserved for countries that comply with ISO standards, the metric system, and a 50 Hz electrical frequency (Europe, North Africa). CORE100 is based on the serial manufacturing of 100 standardized units, enabling: the complete pooling of research and development; extensive standardization of equipment; supplier negotiations based on guaranteed volumes; a significant reduction in execution risk. The combined effect of mass production and modularity enables: an estimated CAPEX reduction of more than 50% compared to a stand-alone unit - this CAPEX reduction is in addition to the economic benefits associated with modularity, as presented in the press release dated January 27, 2026; an additional reduction of 30% to 40% linked to the elimination of heavy civil engineering, representing an overall CAPEX reduction of 65% compared to individual projects; a reduction in completion times of four to six months compared to a stand- alone unit. Significantly reduced production costs: Under realistic economic assumptions1 and without subsidies, the Company's target cost levels2 are as follows: Renewable hydrogen: approximately EUR2.34/kg, compared with costs typically exceeding EUR7/kg for decentralized electrolysis projects; Thermal syngas: lower than the cost of energy produced by a conventional biomass boiler; Syngas for conversion: competitive for the production of biomethanol or biomethane compared to alternative solutions using large units. These costs reposition medium-sized projects on an economic basis comparable to projects with ten times the capacity, while offering greater flexibility. 