Cavendish Hydrogen

Cavendish Hydrogen reports Q2 revenue of €4.4 million (−23% year‑on‑year), weighed down by fewer installations in North America and costs from settling a legal dispute. Net loss rose to €6.6 million, while EBITDA improved by 42% on an adjusted basis for one‑off items to −€2.1 million. Liquidity was strengthened by a capital increase from BHDT GmbH; order intake and grants support the order book. For H2 2026 the company expects slightly lower revenue with a secured order backlog. » Więcej na finanzen.net

Cavendish Hydrogen reported a loss per share of -1.59 NOK for the quarter ended 31 March 2026 (prior year: -3.260 NOK). Revenue fell to 31.9 million NOK, down 26.07% from 43.1 million NOK in the same quarter last year. » Więcej na finanzen.net

Cavendish Hydrogen reports Q1 2026 revenue up about 47% from the previous quarter to €2.8 million, driven by higher system deliveries and new large projects in the US and Germany. Despite consistently high fueling volumes, adjusted EBITDA remained negative at minus €4.0 million; cash and equivalents stood at €16.5 million on March 31. To strengthen the balance sheet, the company agreed an equity injection of around €4.8 million with BHDT and signed an additional supply contract with Mesure Process. The figures show operational growth but continued profitability issues; the share price reacted with volatility, and NEL remains a relevant point of interest as a strategic major shareholder. » Więcej na finanzen.net

Cavendish Hydrogen reports Q1 2026 revenue of 2.8 Mio. EUR, an increase of 47% versus the prior quarter, driven by equipment deliveries and its service business. EBITDA remained negative at -4 Mio. EUR, highlighting continued profitability challenges. Cash on hand was 16.5 Mio. EUR, and a capital injection of 4.8 Mio. EUR is expected by the end of Q2 2026; the stock fell 5% after the results. Management is pursuing cost reductions and partnerships but has no concrete timetable to reach break-even, estimated at 30–35 Mio. EUR in revenue. » Więcej na de.investing.com

Cavendish Hydrogen's upcoming quarterly results are seen as an important test for sentiment in the hydrogen market. The NEL share has recently stabilized, but the sector remains fragile, so the results could be indicative for stocks such as NEL and ITM Power. Investors are watching the figures for signs of demand and operational development. » Więcej na finanzen.net