FREYR Battery (FREY) Reports Q3 Results

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Go back to FREYR Battery (FREY) Reports Q3 Results

FREYR Battery Reports Third Quarter 2024 Results

November 6, 2024 6:10 AM EST

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 $(0.07) per diluted share. The increase in net loss in the third quarter of 2024 was... More