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FREY

FREYR Battery

$11

Earnings Summary

Revenue
$0Mn
Net Profits
$-34.91Mn
Net Profit Margins
-Inf%

Highlights

Revenue:

FREYR Battery’s revenue jumped NaN% since last year same period to $0Mn in the Q1 2022. On a quarterly growth basis, FREYR Battery has generated NaN% jump in its revenue since last 3-months.

Net Profits:

FREYR Battery’s net profit fell -193.66% since last year same period to $-34.91Mn in the Q1 2022. On a quarterly growth basis, FREYR Battery has generated -24.5% fall in its net profits since last 3-months.

Net Profit Margins:

FREYR Battery’s net profit margin jumped NaN% since last year same period to -Inf% in the Q1 2022. On a quarterly growth basis, FREYR Battery has generated NaN% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the FREYR Battery post its latest quarter earnings

EPS Estimate Current Quarter
-0.14
EPS Estimate Current Year
-0.14

Highlights

EPS Estimate Current Quarter:

FREYR Battery’s earning per share (EPS) estimates for the current quarter stand at -0.14 - a 56.25% jump from last quarter’s estimates.

EPS Estimate Current Year:

FREYR Battery’s earning per share (EPS) estimates for the current year stand at -0.14.

Key Ratios

Key ratios of the FREYR Battery post its Q1 2022 earnings

Earning Per Share (EPS)
-0.3
Return on Assets (ROA)
-0.23
Return on Equity (ROE)
-0.41
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

FREYR Battery’s earning per share (EPS) jumped 65.13% since last year same period to -0.3 in the Q1 2022. This indicates that the FREYR Battery has generated 65.13% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. FREYR Battery’s return on assets (ROA) stands at -0.23.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. FREYR Battery’s return on equity (ROE) stands at -0.41.

Dividend Per Share (DPS):

FREYR Battery declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-11
-0.14
-0.3
-114.29%

Company Information

FREYR plans to develop up to 35 GWh of battery cell production capacity in Norway and an additional 8 GWh via joint ventures in Norway and/or the Nordic region by 2025 to position the company as one of Europe’s largest battery cell suppliers. The facilities will be located in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear and energized environment. FREYR will supply safe, high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications. FREYR is committed to supporting cluster-based R&D initiatives and the development of an international ecosystem of scientific, commercial, and financial stakeholders to support the expansion of the battery value chain in our region.

Organisation
FREYR Battery
Employees
2.02K