Nordic Technology Group (NTG) H1 2026 earnings summary

Executive summary

• Majority ownership in four subsidiaries across sensor and clean technology sectors as of June 30, 2026.

• Key contracts signed in 1H 2026, including major deals in the Americas and Europe for sensor solutions.

• Raised NOK 55 million in new equity and NOK 10 million in debt conversion in January, plus further capital in March.

• Subsequent events include regulatory approval in the UK and additional orders in August.

Financial highlights

• Consolidated revenue of NOK 24.1 million in 1H 2026, up from NOK 18.8 million in 1H 2025.

• Net operating loss of NOK 72.4 million (vs. NOK 77.4 million loss in 1H 2025).

• Net loss for the period was NOK 74.4 million (vs. NOK 80.8 million in 1H 2025).

• Cash balance at June 30, 2026, was NOK 0.9 million; current assets NOK 35.1 million, current liabilities NOK 62.5 million.

• Book value of equity at NOK 213.4 million, equity ratio 73.7%.

Outlook and guidance

• Group requires additional funding to support ongoing operations; future cash inflows depend on contract conversion.

• Sale of MossHydro AS expected to secure additional liquidity.

• Management believes plans are realistic to support liquidity for the next 12 months, but material uncertainty remains.