Ocean-GeoLoop (OCEAN) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenues reached NOK 158.1 million, up from NOK 151.3 million in Q3 2024, driven mainly by Energi Teknikk AS.

• Focus remains on commercial scaling, targeting the lime and cement industries for rapid growth.

• The company is positioned to pursue new industry segments, including waste-to-energy, for carbon capture technology deployment.

Financial highlights

• Revenues for the first nine months of 2025 totaled NOK 158.1 million, compared to NOK 151.3 million in the same period last year.

• Negative EBITDA of NOK 34.2 million, increased from negative NOK 28.1 million year-over-year.

• Cash and cash equivalents stood at NOK 39.5 million at period end.

Outlook and guidance

• Short-term potential identified in new addressable segments, especially waste-to-energy.

• Plans to strengthen and formalize the international network and commercial capacity for global market delivery.