New Risk • 10h
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 188% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (188% increase in shares outstanding). Market cap is less than US$10m (kr68.7m market cap, or US$6.96m). Announcement • Jun 23
Ocean GeoLoop AS has completed a Follow-on Equity Offering in the amount of NOK 0.380371 million. Ocean GeoLoop AS has completed a Follow-on Equity Offering in the amount of NOK 0.380371 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 760,741
Price\Range: NOK 0.5
Transaction Features: Rights Offering Reported Earnings • May 23
Full year 2025 earnings released Full year 2025 results: Revenue: kr204.9m (down 13% from FY 2024). Net loss: kr122.2m (loss widened 204% from FY 2024). Announcement • May 14
Ocean GeoLoop AS has filed a Follow-on Equity Offering in the amount of NOK 2.4 million. Ocean GeoLoop AS has filed a Follow-on Equity Offering in the amount of NOK 2.4 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 4,800,000
Price\Range: NOK 0.5
Transaction Features: Rights Offering New Risk • Apr 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr89.1m (US$9.49m) This is considered a major 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 Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 3.9% per year over the past 5 years. Market cap is less than US$10m (kr89.1m market cap, or US$9.49m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Mar 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Less than 1 year of cash runway based on free cash flow trend (-kr57m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (kr126.5m market cap, or US$13.2m). Announcement • Feb 23
Ocean GeoLoop AS to Report Fiscal Year 2025 Final Results on May 21, 2026 Ocean GeoLoop AS announced that they will report fiscal year 2025 final results on May 21, 2026 New Risk • Feb 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr96.5m (US$9.99m) This is considered a major 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 Less than 1 year of cash runway based on free cash flow trend (-kr57m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 3.9% per year over the past 5 years. Market cap is less than US$10m (kr96.5m market cap, or US$9.99m). Announcement • Jan 23
Ocean GeoLoop AS Announces Appointment of Iver Baatvik as Interim Chief Financial Officer, Effective January 22, 2026 Ocean GeoLoop AS on 22 January 2026 announced following the tragic passing of CFO Maria Hosen, the company has appointed Iver Baatvik as Interim Chief Financial Officer. Baatvik brings more than 15 years of experience in corporate finance, financial strategy and capital markets, including senior roles in BW LPG and leading Nordic financial institutions. He has led multiple capital markets transactions and brings strong experience within investor management, structured financing and financial governance. He assumes the position with immediate effect. Announcement • Jan 06
Ocean GeoLoop AS Announces Passing of Chief Financial Officer Maria Hosen Ocean GeoLoop AS announced with deep sorrow that its Chief Financial Officer, Maria Hosen, passed away following a sudden medical episode. Maria Hosen was a highly respected and trusted colleague who made significant contributions to Ocean GeoLoop over many years. She was greatly valued within the organization and by the company’s partners and stakeholders. Announcement • Dec 20
Ocean GeoLoop AS, Annual General Meeting, Apr 30, 2026 Ocean GeoLoop AS, Annual General Meeting, Apr 30, 2026. Reported Earnings • Sep 10
First half 2025 earnings released First half 2025 results: Revenue: kr106.8m (up 1.7% from 1H 2024). Net loss: kr28.9m (loss widened 53% from 1H 2024). New Risk • Sep 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr45m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-kr45m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Market cap is less than US$100m (kr287.3m market cap, or US$28.5m). Reported Earnings • Mar 18
Full year 2024 earnings released Full year 2024 results: Revenue: kr235.7m (up 36% from FY 2023). Net loss: kr40.2m (loss narrowed 8.3% from FY 2023). Announcement • Dec 12
Ocean GeoLoop AS, Annual General Meeting, Apr 24, 2025 Ocean GeoLoop AS, Annual General Meeting, Apr 24, 2025. Announcement • Sep 13
Ocean Geoloop AS Announces Resignation of Lars P. Sperr as Director Ocean GeoLoop AS announced that Director Lars P. Sperr that he has accepted a new full-time role which requires him to resign from the director role. The company will continue with the remaining board consisting of six directors which is in accordance with the company’s article of association and will not engage in a replacement for the time being. New Risk • May 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Norwegian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (kr527.2m market cap, or US$50.2m). Announcement • May 25
Ocean GeoLoop AS Announces Strong Preliminary Results from Ongoing NorFraKalk Feasibility Study Ocean GeoLoop AS announced strong preliminary results from the ongoing NorFraKalk feasibility study. The results confirm the attractiveness of the company's carbon capture offering to the quicklime and cement industry and provide significant commercial opportunities. The test program at 25% flue gas CO2 concentration confirmed carbon capture rates exceeding 90% and product gas purity of 95%, enabling delivery of liquified CO2 above 99% purity. Ocean GeoLoop targets to provide corresponding data for energy consumption before summer. The quicklime and cement industry accounts for more than 8% of the world´s CO2 emissions and CO2 capture is necessary to achieve the industry’s climate goals. Announcement • Apr 21
Ocean GeoLoop AS Elects Ida Pernille Hatlebrekke Teien to Board of Directors Ocean GeoLoop AS at its EGM held on April 18, 2024 elected Ida Pernille Hatlebrekke Teien to board of directors. Reported Earnings • Mar 15
Full year 2023 earnings released Full year 2023 results: Revenue: kr172.9m (up 35% from FY 2022). Net loss: kr43.8m (loss narrowed 9.0% from FY 2022). Recent Insider Transactions • Jan 31
Chairman of the Board recently bought kr335k worth of stock On the 26th of January, Anders Onarheim bought around 50k shares on-market at roughly kr6.70 per share. This transaction amounted to 1.4% 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 Anders' only on-market trade for the last 12 months. Announcement • Jan 25
NorFraKalk and Ocean GeoLoop Secure Enova Support for Groundbreaking Carbon Capture Project NorFraKalk and Ocean GeoLoop are taking the first step towards large-scale CO2 capture with the ambition to make NorFraKalk climate neutral. The Enova-supported project, based in Trøndelag, puts Norway at the forefront of cutting emissions from quicklime production. The lime and cement industry accounts for just under a tenth of the world's CO2 emissions and is one of the industries where CO2 capture is necessary to reach climate goals. This challenge is now addressed by the project. The first phase of the collaboration is to investigate a pilot plant for carbon capture at NorFraKalk's lime kiln in Verdal Industrial Park. The plant currently emits around 200,000 tons of CO2 per year. The pilot project, which will now be assessed, will capture 10,000 tons of CO2, to prove that the solution works in quicklime production. In recent years, NorFraKalk has, through participation in several different SINTEF-led studies, investigated the possible use of different technologies for CO2 capture from lime kilns. One of the main obstacles to many capture technologies is the lack of excess heat to power the process. Ocean GeoLoop uses an all-electric pressure swing process for CO2 capture, which is not dependent on excess heat. Throughout 2022 and 2023, the technology has undergone successful testing at the industrial pilot plant at Norske Skog Skogn, in parallel with an extensive test and documentation programme at SINTEF's carbon capture lab in Trondheim. Reported Earnings • Sep 11
First half 2023 earnings released First half 2023 results: Revenue: kr83.2m (up 82% from 1H 2022). Net loss: kr16.8m (loss narrowed 37% from 1H 2022). Announcement • Dec 21
Ocean-GeoLoop AS to Report First Half, 2023 Results on Sep 07, 2023 Ocean-GeoLoop AS announced that they will report first half, 2023 results on Sep 07, 2023 Recent Insider Transactions • Dec 03
Chief Commercial Officer recently bought kr414k worth of stock On the 29th of November, Ove Lande bought around 18k shares on-market at roughly kr23.00 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr5.0m more in shares than they have sold in the last 12 months. Board Change • Nov 16
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. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 02
Chief Executive Officer recently bought kr560k worth of stock On the 31st of May, Odd-Geir Lademo bought around 20k shares on-market at roughly kr28.00 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr1.4m. This was Odd-Geir's only on-market trade for the last 12 months. Board Change • Apr 27
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. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 11
Chairman of the Board recently bought kr825k worth of stock On the 9th of March, Anders Onarheim bought around 25k shares on-market at roughly kr33.00 per share. This was the largest purchase by an insider in the last 3 months. This was Anders' only on-market trade for the last 12 months. Board Change • Mar 08
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. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.