FREYR Battery Past Earnings Performance

Past criteria checks 0/6

FREYR Battery's earnings have been declining at an average annual rate of -30.3%, while the Electrical industry saw earnings growing at 27.5% annually.

Key information

-30.3%

Earnings growth rate

4.3%

EPS growth rate

Electrical Industry Growth30.3%
Revenue growth raten/a
Return on equity-11.5%
Net Marginn/a
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How FREYR Battery makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:T2T Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 230-7210828
30 Sep 230-2211523
30 Jun 230-10711219
31 Mar 230-7711316
31 Dec 220-9910714
30 Sep 220-1529312
30 Jun 220-1049814
31 Mar 220-1167714
31 Dec 210-936214
30 Sep 210-715013
30 Jun 210-28228
31 Mar 210-21155
31 Dec 200-1072

Quality Earnings: T2T is currently unprofitable.

Growing Profit Margin: T2T is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: T2T is unprofitable, and losses have increased over the past 5 years at a rate of 30.3% per year.

Accelerating Growth: Unable to compare T2T's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: T2T is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (15.1%).


Return on Equity

High ROE: T2T has a negative Return on Equity (-11.52%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/27 04:16
End of Day Share Price 2023/12/29 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FREYR Battery, Inc. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julien Dumoulin-SmithBofA Global Research
Gregory LewisBTIG
Maheep MandloiCredit Suisse