Nel ASA reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was NOK 155.34 million compared to NOK 276.33 million a year ago. Revenue was NOK 174.91 million compared to NOK 296.78 million a year ago.
Net loss was NOK 179.36 million compared to NOK 22.02 million a year ago. Basic loss per share was NOK 0.1 compared to NOK 0.01 a year ago. Diluted loss per share was NOK 0.1 compared to NOK 0.01 a year ago.