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Pryme (PRYME) investor relations material

Pryme Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary25 Feb, 2026

Executive summary

  • Q4 2025 was marked by significant operational challenges, with reactor issues limiting production to short periods and requiring extensive repairs and stabilization work.

  • Production was halted multiple times due to technical failures, resulting in only 22 metric tons of pyrolysis oil produced and no sales in the quarter.

  • Safety performance remained strong, with no Lost Time Injuries, despite incidents requiring first aid and a controlled shutdown.

  • Strategic priorities for 2026 include restoring reactor reliability, executing cost reductions, and accelerating new site development.

  • A €5.0 million private placement in December and a €0.5 million subsequent offering in January strengthened liquidity.

Financial highlights

  • Q4 2025 revenues were €0, down from €781k in Q3 2025 and €41k in Q4 2024; full-year 2025 revenues reached €1.07 million.

  • Q4 2025 net loss was €2.85 million, compared to a net loss of €3.53 million in Q4 2024.

  • EBITDA for Q4 2025 was negative €3.42 million; EBIT was negative €3.24 million.

  • Cash balance at year-end 2025 was €6.6 million, with a quarterly cash burn rate of approximately €3.0 million.

  • An impairment charge of up to €13 million may be recognized, pending audit review.

Outlook and guidance

  • 2026 is expected to be a pivotal year, focusing on improving production, reducing costs, and accelerating site development.

  • No full-year production forecast is issued due to ongoing strategic reviews and operational uncertainties.

  • A quarterly outlook will be provided once production stability and strategic direction are established.

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Frequently asked questions

Pryme is a cleantech company focused on converting plastic waste into valuable resources through an industrial-scale chemical recycling process known as pyrolysis. The company aims to contribute to a circular plastic economy by developing cost-effective and scalable solutions to tackle the growing global issue of plastic waste. Pryme's technology involves breaking down plastic into useful outputs, which can then be used by petrochemical industries to create new materials. Pryme is headquartered in Rotterdam, Netherlands, and its shares are listed on the Oslo Stock Exchange.

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