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Spinnova H1 FY26 operating loss narrows to EUR 6.89 million; revenue rises 186% to EUR 286,000
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Spinnova H1 FY26 operating loss narrows to EUR 6.89 million; revenue rises 186% to EUR 286,000
  • Spinnova posted revenue of EUR 286,000 for January-June 2026, up 186% from the year-earlier period.
  • Operating loss narrowed to EUR 6.89 million from EUR 26.87 million, helped by last year’s EUR 18.43 million Woodspin impairment.
  • Net loss improved to EUR 6.93 million; liquid funds stood at EUR 38.47 million at report preparation.
  • Net cash fell to EUR 13.2 million from EUR 33.27 million, mainly due to EUR 14.37 million in Woodspin production-facility lease liabilities.
  • Trial runs at the Woodspin demonstration plant hit prior volume and quality levels; it plans further test runs and broader ramp-up, with demand above capacity.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spinnova Oyj published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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