New Sources Energy
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New Sources Energy (NSE) investor relations material

New Sources Energy H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary25 Sep, 2026

Executive summary

  • Semi-annual financial statements cover the period from 1 January to 30 June 2026, unaudited.

  • Continued business development efforts in H1 2026, focusing on energy transition and renewable energy projects.

  • Management actively engaged with potential financiers and partners for acquisitions and project development.

  • All AGM resolutions were approved, including adoption of the 2025 annual report and charging the €988 thousand loss to reserves.

Financial highlights

  • Operating expenses for H1 2026 totaled €369 thousand, resulting in an operating and net loss after tax of €369 thousand.

  • Principal expenses were management fees and auditor costs.

  • Net loss after tax for H1 2026 was €369 thousand, compared to a total comprehensive loss of €988 thousand for 2025.

  • Total assets declined to €19 thousand at 30 June 2026 from €216 thousand at 31 December 2025.

  • Current liabilities increased to €426 thousand from €254 thousand at year-end 2025.

  • Cash and cash equivalents decreased to €0 at 30 June 2026 from €64 thousand at year-end 2025.

Outlook and guidance

  • Management remains focused on securing financing and partnerships for acquisitions and project development.

  • Focus remains on European energy independence, project bankability, and disciplined execution to attract investment.

  • The investment case for energy transition is seen as increasingly pragmatic, with emphasis on energy security, cost, and reliability.

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Frequently asked questions

New Sources Energy N.V., previously known as Management Share NV, is a Netherlands-based enterprise engaged in the development, operation, and investment of projects focused on generating electricity through renewable energy sources. The company's portfolio primarily revolves around Photovoltaic (PV) projects, but it also extends its endeavors to biomass, hydropower, and wind energy projects. New Sources Energy N.V. is committed to contributing to the sustainable energy landscape by leveraging various renewable technologies to produce electricity. The company underwent a name change in July 2011 to better reflect its focus and activities in the renewable energy sector. It is headquartered in Amersfoort, Netherlands, and its shares are listed on the Euronext Amsterdam.