Profile
Sector:
IndustrialsIndustry:
Electrical Equipment & PartsCountry:
LuxembourgIPO:
10 January 2020Website:
http://www.freyrbattery.comNext earnings report:
27 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | 25 min agoDividend
Analysts recommendations
Institutional Ownership
FREY Latest News
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable clean energy capacity and solutions, today reported financial results for the third quarter of 2024. Results Overview, Financing, and Liquidity FREYR reported a net loss attributable to stockholders for the third quarter of 2024 of $(27.5) million, or $(0.20) per diluted share compared to a net loss for the third quarter of 2023 of $(9.8) million or $(0.
FREYR is prioritizing investing in their Giga America plant to capitalize on favorable IRA policies and market opportunities, especially in the EES and EV segments. With $221.5M in cash and no debt, FREYR has a decent buffer for the next 2-3 years but must manage expenses to avoid liquidity issues. Pessimism and skepticism about near-term milestones are fully priced in, potential positive announcements could shift market sentiment and increase share price significantly.
FREYR Battery, Inc. (NYSE:FREY ) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Jeffrey Spittel - VP, IR Daniel Barcelo - Chairman Tom Einar Jensen - Co-founder, CEO Evan Calio - CFO Conference Call Participants Tyler DiMatteo - BTIG Jeffrey Spittel Hello and welcome to Freyr Battery's Second Quarter 2024 Earnings Conference Call. With me today on the call are Daniel Barcelo, Chairman of Freyr's Board of Directors, our Co-founder, Chief Executive Officer, and Board Director, Tom Einar Jensen, and Evan Calio, our Chief Financial Officer.
Over the long term, clean energy should continue to be a growing sector. The world needs more electricity, and that will especially be true given the increasing power demand in sectors such as electric vehicles (EVs) and artificial intelligence.
NEW YORK & OSLO & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the Company's operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. FREYR successfully produces unit cells in continuous process at CQP FREYR's teams, partners, and vendors have reached the Company's most significant technical achievement to date by pr.
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the Company's operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. FREYR conducts successful unit cell production trials at CQP FREYR's teams, vendors, and partners at the CQP have reached the Company's most significant technical milestone to.
The top electric vehicle company is preparing to make significant job cuts after experiencing lower-than-expected delivery numbers and implementing multiple price reductions on certain models.
When it comes to speculating on the future of mobility and transportation, battery stocks may be your best bet. Sure, targeting individual electric vehicle brands may give you the greatest reward potential.
Progress in the electric vehicle (EV) sector is largely governed by the batteries that provide their power. EVs continue to face significant challenges in comparison to internal combustion engine vehicles.
Freyr Battery's (FREY) Q4 results are likely to reflect its further progress with the Giga America battery manufacturing project amid high general and administrative expenses.
What type of business is FREYR Battery?
FREYR Battery, Inc. provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg.
What sector is FREYR Battery in?
FREYR Battery is in the Industrials sector
What industry is FREYR Battery in?
FREYR Battery is in the Electrical Equipment & Parts industry
What country is FREYR Battery from?
FREYR Battery is headquartered in Luxembourg
When did FREYR Battery go public?
FREYR Battery initial public offering (IPO) was on 10 January 2020
What is FREYR Battery website?
https://www.freyrbattery.com
Is FREYR Battery in the S&P 500?
No, FREYR Battery is not included in the S&P 500 index
Is FREYR Battery in the NASDAQ 100?
No, FREYR Battery is not included in the NASDAQ 100 index
Is FREYR Battery in the Dow Jones?
No, FREYR Battery is not included in the Dow Jones index
When was FREYR Battery the previous earnings report?
No data
When does FREYR Battery earnings report?
The next expected earnings date for FREYR Battery is 27 February 2025