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Visual21 Nov 2025
Data center suppliers
Ensurge Micropower (ENSU) investor relations material
Ensurge Micropower Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Appointed Shauna McIntyre as CEO, bringing extensive leadership experience from energy and tech sectors.
New Board of Directors elected, including Alex Munch-Thore as Chairman.
Entered Joint Development and Investment Agreements with Corning to co-develop ultra-high performance microbatteries.
Shipped high-quality battery products to customers, advancing from prototype to production validation.
Improved manufacturing throughput and quality, leveraging roll-to-roll cell layer manufacturing.
Financial highlights
Revenue and other income for the first nine months of 2025 totaled USD 25 thousand, down from USD 61 thousand year-over-year.
Operating costs decreased to USD 5,173 thousand from USD 8,755 thousand, mainly due to capitalization of R&D costs.
Net loss for the first nine months of 2025 was USD 5,501 thousand (USD 0.01 per share), improved from USD 10,243 thousand (USD 0.02 per share) in 2024.
Cash balance at 30 September 2025 was USD 2,664 thousand, down from USD 7,947 thousand a year earlier.
Equity ratio improved to 25% from negative 16% year-over-year.
Outlook and guidance
Focus on commercializing solid-state microbatteries for high-growth markets such as wearables, IoT, and defense.
Ongoing multi-year paid development programs with leading device manufacturers.
Material uncertainty remains regarding funding for the next 12 months; additional capital raising is planned.
Corning JDA: how does it accelerate scale?
Going concern: what are the next funding steps?
When do capitalized R&D costs yield revenue?
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Next Ensurge Micropower earnings date
Q4 202519 Feb, 2026
Next Ensurge Micropower earnings date
Q4 202519 Feb, 2026
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Frequently asked questions
Ensurge Micropower ASA specializes in the development and production of solid-state lithium batteries (SSLBs) designed for wearable devices, connected sensors, and other compact electronic applications. The company's technology focuses on delivering energy storage solutions that are thin, flexible, and rechargeable, leveraging solid-state electrolytes for enhanced safety and performance. These batteries are particularly suited for use in sectors such as hearables, medical and sports wearables, and industrial connected devices. Ensurge's manufacturing process utilizes roll-to-roll printing technology on stainless steel substrates, enabling scalable production. The company is headquartered in Oslo, Norway, with additional operations in San Jose, California. Its shares are listed on the Oslo Stock Exchange.
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