Nel ASA reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was NOK 415.56 million compared to NOK 411.93 million a year ago. Revenue was NOK 450.48 million compared to NOK 437.25 million a year ago. Net loss was NOK 63.82 million compared to NOK 94.39 million a year ago. Basic loss per share from continuing operations was NOK 0.04 compared to NOK 0.06 a year ago. Diluted loss per share from continuing operations was NOK 0.04 compared to NOK 0.06 a year ago.
For the full year, sales was NOK 1,389.91 million compared to NOK 1,349.8 million a year ago. Revenue was NOK 1,494.93 million compared to NOK 1,427.14 million a year ago. Net loss was NOK 244.34 million compared to NOK 855.2 million a year ago. Basic loss per share from continuing operations was NOK 0.15. Diluted loss per share from continuing operations was NOK 0.15. Basic loss per share was NOK 0.15 compared to NOK 0.52 a year ago. Diluted loss per share was NOK 0.15 compared to NOK 0.52 a year ago.