Equities

TECO

NO0010887516

Renewable Energy Equipment & Services

Real-time Oslo Bors Other stock markets 03:30:25 2024-04-25 am EDT			5-day change	1st Jan Change
2.06 ^NOK	-6.36%		-1.90%	-52.86%

Apr. 16	Teco 2030 Outlines JV Plans in India, to Raise NOK43 Million Via Private Placement	MT
Apr. 16	TECO 2030 ASA and Advait Infratech Limited Intend to Establish Joint Venture in India	CI

TECO 2030 ASA Reports Earnings Results for the First Quarter Ended March 31, 2023

May 26, 2023 at 04:35 am EDT

TECO 2030 ASA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was NOK 6.94 million compared to NOK 3.41 million a year ago. Net loss was NOK 27.5 million compared to NOK 19.61 million a year ago.

Latest news about TECO 2030 ASA

Teco 2030 Outlines JV Plans in India, to Raise NOK43 Million Via Private Placement	Apr. 16	MT
TECO 2030 ASA and Advait Infratech Limited Intend to Establish Joint Venture in India	Apr. 16	CI
Advait Infratech Signs Pact to Partner with Norwegian Clean-Tech Company	Apr. 12	MT
Teco 2030 Secures Support from Bondholders for Conversion of Outstanding Debt	Apr. 12	MT
Teco 2030 Receives AiP from DNV for Onboard Compressed Hydrogen Fuel Systems	Mar. 19	CI
Teco 2030 Gets Additional Approval in Principle for Compressed Hydrogen Fuel Systems	Mar. 19	MT
Teco 2030, Umoe Mandal Obtain Approval for Hydrogen Fuel Cell-powered Vessel Design	Feb. 29	MT
TECO 2030 and Yokogawa Take Partnership to the Next Stage with Delivery of One TECO Fuel Cell Stack	Feb. 28	CI
Teco 2030, Umoe Mandal Submit Design Proposal for Fuel Cell High-speed Vessel	Feb. 01	MT
Teco 2030 Lands EUR2.3 Million Grant for Fuel Cells	Jan. 22	MT
TECO 2030 ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 29	CI
Teco 2030 Targets FY24 Deployment of 400kW Hydrogen Fuel Cell System	Nov. 24	MT
Teco 2030 Secures Investment from Japanese Company Yokogawa Electric	Nov. 01	MT
Teco 2030 Borrows 20 Million Shares from Largest Shareholder	23-10-16	MT
TECO 2030 ASA Elaborates the Fcm400	23-10-13	CI
Teco 2030 to Supply Fuel Cell System for Pherousa Green Shipping Bulk Carriers	23-09-14	MT
TECO 2030 and Pherousa Green Shipping Sign Supply Agreement to Realize Ammonia Powered Zero-Emission Deep-Sea Shipping	23-09-14	CI
TECO 2030 ASA Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-01	CI
Teco 2030 to Deliver Fuel Cell Modules to European Motor Company	23-08-02	MT
TECO 2030 Signs MoU with an Undisclosed European Motor Company	23-08-01	CI
TECO 2030 Completes First Future Funnel Installation	23-06-22	CI
Teco 2030 to Promote Renewable Hydrogen Use in Maritime Sector via New Partnership	23-06-07	MT
TECO 2030 and Skeleton Technologies Enter A Strategic Partnership to Boost Zero-Emission Technologies	23-06-06	CI
Teco 2030 and Avl Successfully Complete Feasibility Study on Industrializing Heavy-Duty Truck Systems	23-05-31	CI
TECO 2030 Successfully Complete Feasibility Study on Industrializing Heavy-Duty Truck Systems	23-05-31	CI

Chart TECO 2030 ASA

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Company Profile

Teco 2030 ASA is a Norway-based engineering and equipment development company with focus on a greener and cleaner environment. The Company is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The Company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. It operates within four business areas: Hydrogen Fuel Cells, that convert hydrogen into electricity while emitting nothing but water vapour and warm air; Carbon Capture & Storage, that reduce greenhouse gas emissions from the shipping industry; Future Funnel, which is gas cleaning system that has been developed to enable ships to comply with upcoming and stricter environmental regulations; and Ballast Water Treatment Systems eliminate marine organisms that are present in the ballast water.

Sector

Renewable Energy Equipment & Services

Calendar

2024-05-15 - Annual General Meeting

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.2 NOK

Average target price

15 NOK

Spread / Average Target

+581.82%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

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