FREYR Battery Reports Third Quarter 2024 Results
FREYR Battery, Inc. (FREY)
Company Research
Source: Business Wire
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 LiquidityFREYR 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 $(0.07) per diluted share. The increase in net loss in the third quarter of 2024 was primarily due to a $1.1 million warrant liability fair value adjustment for the three months ended September 30, 2024, compared to $24.4 million for the three months ended September 30, 2023, and a restructuring charge of $4.5 million for the three months ended September 30, 2024 compared to none for the three months ended September 30, 2023.As of September 30, 2024, FREYR had cash, cash equivalents, and restrict
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FREY
News
- FREYR Battery Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- FREYR Battery Announces Transformative Acquisition of Trina Solar’s U.S. Manufacturing Assets, Actions to Strengthen Board of Directors and Management TeamBusiness Wire
- Supply Chain Risks Grow as Demand for EV Battery Materials Intensifies, Say AnalystsPR Newswire
- Supply Chain Risks Grow as Demand for EV Battery Materials Intensifies, Say AnalystsPR Newswire
- FREYR Battery Selected by European Union Innovation Fund for Grant Award [Yahoo! Finance]Yahoo! Finance
FREY
Earnings
- 2/29/24 - Beat
FREY
Sec Filings
- 11/13/24 - Form 8-K
- 11/13/24 - Form 4
- 11/12/24 - Form 10-Q
- FREY's page on the SEC website