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NOS Nova
NOS Nova (HRGI) investor relations material
NOS Nova Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary4 Sep, 2026
Executive summary
Achieved total income of NOK 31.6 million in H1 2026, up from NOK 1.0 million in H1 2025, driven by NOS Technology integration and new contracts.
Operating loss narrowed significantly to NOK 1.05 million from NOK 30.5 million year-over-year, nearing break-even.
NOS Technology secured NOK 34.4 million in new contracts and expanded its customer base, with a majority of contracts from new clients.
Strategic pause on NOS CarbonGrid® project and relinquishment of Polaris CO2 storage license to focus on cash-generative operations.
Patent portfolio expanded to 58 applications, with 79% granted, supporting future CCS value chain opportunities.
Financial highlights
Total income: NOK 31.6 million in H1 2026 vs. NOK 1.0 million in H1 2025.
Operating loss: NOK 1.05 million in H1 2026 vs. NOK 30.5 million in H1 2025.
Net loss: NOK 1.42 million in H1 2026 vs. NOK 34.2 million in H1 2025.
Cash flow from operations improved to negative NOK 2.2 million from negative NOK 36.1 million year-over-year.
Cash and equivalents at period end: NOK 8.4 million, down from NOK 29.3 million in H1 2025.
Outlook and guidance
NOS Technology expected to continue generating cash and expanding its customer base.
Active development of NOS CarbonGrid® paused due to market conditions; project remains viable pending improved CCS policy support.
Focus on leveraging intellectual property for commercial opportunities and industry partnerships.
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Latest events from NOS Nova
- Restructuring and NOS Technology acquisition reduced losses and set up growth for 2026.HRGI
Q4 2025 - Orderly wind-down initiated amid persistent losses, funding challenges, and stalled projects.HRGIQ2 2025
- Strategic review, cost cuts, and CCS project progress drive extended cash runway.HRGIQ3 2024
- Q2 net loss halved and costs cut 50% as clean ammonia and CO2 projects advance.HRGIQ2 2024
- Net loss narrowed and cost base reduced as Horisont Energi advances CCS and ammonia projects.HRGIQ4 2024
Next NOS Nova earnings date
Q4 202622 Apr, 2027
NOS Nova
Next NOS Nova earnings date
Q4 202622 Apr, 2027
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