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Ocean GeoLoop FY26 H1 EBITDA loss narrows to NOK 23 million; revenue drops 12.83% to NOK 93.1 million

PUBT·09/03/2026 06:56:06
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Ocean GeoLoop FY26 H1 EBITDA loss narrows to NOK 23 million; revenue drops 12.83% to NOK 93.1 million
  • Ocean GeoLoop revenue fell 12.83% to NOK 93.1 million in the first half of 2026.
  • Negative EBITDA narrowed to NOK 23 million from NOK 24.3 million.
  • Operating profit swung to NOK 0.8 million from an operating loss of NOK 5.7 million, helped by NOK 2.1 million provisions reversal.
  • Cash totaled NOK 38.3 million; order backlog stood at about NOK 82 million at June 30, 2026.
  • COOL launched for industrial and data-center cooling; NOK 36 million private placement completed, net proceeds earmarked for working capital and COOL development.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean-Geoloop ASA published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.