New Sources Energy (NSE) H1 2026 earnings summary

Executive summary

• Semi-annual financial statements cover the period from 1 January to 30 June 2026, unaudited.

• Operating expenses totaled €369 thousand, resulting in an operating and net loss after tax of €369 thousand for H1 2026.

• Management continues to pursue business development and financing opportunities, focusing on energy transition and European energy independence.

• All AGM resolutions were approved, including adoption of the 2025 annual report and charging the €988 thousand loss to reserves.

Financial highlights

• Net loss after tax for H1 2026 was €369 thousand, compared to a total comprehensive loss of €988 thousand for 2025.

• Total assets declined to €19 thousand at 30 June 2026 from €216 thousand at 31 December 2025.

• Current liabilities increased to €426 thousand from €254 thousand at year-end 2025.

• Cash and cash equivalents decreased to €0 at 30 June 2026 from €64 thousand at year-end 2025.

Outlook and guidance

• Management remains focused on securing financing and partnerships for acquisitions and project development.

• The investment case for energy transition is seen as increasingly pragmatic, with emphasis on energy security, cost, and reliability.