Thalassa
Logotype for Thalassa Holdings Limited

Thalassa (THAL) investor relations material

Thalassa H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Thalassa Holdings Limited
H2 2025 earnings summary30 Apr, 2026

Executive summary

  • Reported a group loss after tax of £1.37m for 2025, widening from a £1.01m loss in 2024, with basic and diluted EPS at (£0.08) compared to (£0.13) year-over-year.

  • Net assets declined to £8.8m from £10.4m, and book value per share fell to £0.53 from £0.62.

  • Investment holdings decreased to £5.9m from £7.9m, and cash reserves dropped to £0.2m from £0.5m.

  • No dividend recommended for 2025.

Financial highlights

  • Total revenue from continuing operations was £0.42m, up from a negative £0.22m in 2024, mainly from Swiss rental income and investment gains.

  • Gross profit was £0.35m versus a gross loss of £0.26m year-over-year.

  • Operating loss narrowed to £0.2m from £0.8m, but loss before tax increased to £1.4m from £1.1m due to £0.9m impairment of financial assets.

  • Net cash outflow from operations was £0.3m, improved from £0.9m outflow in 2024.

  • Financial assets at fair value through profit or loss stood at £3.4m; equity investments in associates at £1.4m.

Outlook and guidance

  • ARL’s first commercial-grade node is on track for Q2 2026 completion, with in-water testing and performance trials scheduled for Q3.

  • Commercial scale-up of ARL is contingent on a targeted £10m external fundraising in 2026.

  • The group’s ability to continue as a going concern depends on successful ARL testing, securing external investment, and receipt of £0.7m from the Chairman’s property sale by June 2026.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next Thalassa earnings date

Logotype for Thalassa Holdings Limited
H1 202628 Sep, 2026
Thalassa
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Thalassa earnings date

Logotype for Thalassa Holdings Limited
H1 202628 Sep, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage