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Ocean GeoLoop FY26 H1 EBITDA loss narrows to NOK 23 million; revenue drops 12.83% to NOK 93.1 million
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Ocean GeoLoop FY26 H1 EBITDA loss narrows to NOK 23 million; revenue drops 12.83% to NOK 93.1 million
  • Ocean GeoLoop revenue fell 12.83% to NOK 93.1 million in the first half of 2026.
  • Negative EBITDA narrowed to NOK 23 million from NOK 24.3 million.
  • Operating profit swung to NOK 0.8 million from an operating loss of NOK 5.7 million, helped by NOK 2.1 million provisions reversal.
  • Cash totaled NOK 38.3 million; order backlog stood at about NOK 82 million at June 30, 2026.
  • COOL launched for industrial and data-center cooling; NOK 36 million private placement completed, net proceeds earmarked for working capital and COOL development.


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. Ocean-Geoloop ASA published the original content used to generate this news brief on September 03, 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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