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Ocean-GeoLoop (OCEAN) investor relations material
Ocean-GeoLoop Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 revenue was NOK 53.2 million, down from NOK 55.3 million in Q1 2025, with Energi Teknikk AS as the main contributor.
Strategic initiatives included launching COOL as a new business line and restructuring the group.
CEO transition and scale-down of CAPTURED AS occurred after the quarter, with a focus shift to COOL.
Financial highlights
EBITDA was negative NOK 11.4 million, compared to negative NOK 9.4 million in Q1 2025.
Cash and cash equivalents stood at NOK 13.2 million at quarter-end.
Gross proceeds of NOK 36 million were raised in May 2026 via a private placement.
Outlook and guidance
COOL will be prioritized for commercialization, while CAPTURED is being wound down.
Proceeds from the private placement will fund COOL, CAPTURED wind-down, and general purposes.
- Losses deepened as focus shifted from carbon capture to industrial cooling, backed by new equity.OCEAN
Q4 202521 May 2026 - Waste-heat-powered cooling tech targets data centers, promising >90% OPEX savings and rapid scaling.OCEAN
Company presentation13 May 2026 - Scalable, energy-neutral cooling and carbon capture target commercialization and cash flow by 2027.OCEAN
CMD 20265 May 2026 - Innovative carbon capture cuts energy use by 80% and enables scalable, clean decarbonization.OCEAN
Technology Update presentation5 Mar 2026 - Scaling a robust, chemical-free carbon capture solution for industrial decarbonization.OCEAN
Fearnleys Securities Annual Renewables & Clean-Tech Conference 2024 presentation5 Mar 2026 - Q3 2025 revenue grew to NOK 158.1M, with focus on scaling carbon capture in key industries.OCEAN
Q3 20256 Nov 2025 - Revenue up, but losses widened as commercial scaling of clean carbon capture technology advances.OCEAN
Q2 20254 Sep 2025 - Q3 revenues up 28% year-over-year, driven by European lime industry traction.OCEAN
Q3 202413 Jun 2025 - Revenue up, losses widen as carbon capture pilots show >90% efficiency in lime industry.OCEAN
Q2 202413 Jun 2025
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