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Ocean-GeoLoop (OCEAN) investor relations material
Ocean-GeoLoop Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Strategic transition to COOL progressing as expected; carbon capture activity substantially scaled down, with selected assets retained.
YTD 2026 net loss was NOK 40.184m; cash and cash equivalents ended the period at NOK 23.684m.
Net financing cash flow of NOK 54.029m helped offset operating and investing outflows.
Financial highlights
Q3 2026 revenue was NOK 37.8m, compared with NOK 51.3m in Q3 2025.
YTD 2026 loss before tax was NOK 41.121m; net loss was NOK 40.184m, including NOK 0.937m in income tax expense.
Net loss attributable to owners of the parent was NOK 35.180m; NOK 5.004m was attributable to non-controlling interests.
Sale of Ocean TuniCell AS shares to Lifecare ASA generated a NOK 6.3m gain.
Key financial ratios and metrics
Q3 EBITDA loss narrowed to NOK 3.3m from NOK 9.9m in Q3 2025.
YTD 2026 operating cash flow was negative NOK 50.188m, versus positive NOK 18.231m in YTD 2025.
Total assets were NOK 167.885m and total equity was NOK 73.114m as of September 30, 2026.
Energi Teknikk order backlog was NOK 100m at September-end, compared with NOK 189m a year earlier.
- Revenue fell, COOL launched, carbon capture scaled down, and liquidity improved after capital raise.OCEAN
Q2 2026 - Losses deepened as focus shifted from carbon capture to industrial cooling, backed by new equity.OCEAN
Q4 2025 - Revenue fell and losses widened in Q1 2026 as focus shifted to COOL and new funding was secured.OCEAN
Q1 2026 - Waste-heat-powered cooling tech targets data centers, promising >90% OPEX savings and rapid scaling.OCEAN
Company presentation - Innovative carbon capture cuts energy use by 80% and enables scalable, clean decarbonization.OCEAN
Technology Update presentation - Scaling a robust, chemical-free carbon capture solution for industrial decarbonization.OCEAN
Fearnleys Securities Annual Renewables & Clean-Tech Conference 2024 presentation - Scalable, energy-neutral cooling and carbon capture target commercialization and cash flow by 2027.OCEAN
CMD 2026 - Q3 2025 revenue grew to NOK 158.1M, with focus on scaling carbon capture in key industries.OCEAN
Q3 2025 - Revenue up, but losses widened as commercial scaling of clean carbon capture technology advances.OCEAN
Q2 2025
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