Nel ASA reports Q3 results

* Nel ASA press release [https://mb.cision.com/Public/115/4257965/92c9ef7a054a8e0e.pdf] (OTCPK:NLLSF [https://seekingalpha.com/symbol/NLLSF]): Q3 Net loss was NOK -85 million (Q3 2024: -115). The development was mainly explained by decreased operating loss of NOK 41 million, offset by NOK -10 million decreased net financial items
* Revenue from contracts with customers in the third quarter 2025 was NOK 303 million, a 17% reduction compared to the third quarter 2024 (Q3 2024: 366)
* Total revenue and income in the third quarter 2025 was NOK 349 million (Q3 2024: 391)
* EBITDA in the quarter was NOK -37 million (Q3 2024: -90)
* Order intake in the quarter amounted to NOK 57 million, a 64% decrease from the corresponding quarter last year (Q3 2024: 161)
* Order backlog was NOK 984 million at the end of the quarter, down 47% from the third quarter of 2024 and down 21% from the previous quarter
* Cash balance was NOK 1 757 million at quarter end (Q3 2024: 1 941)

MORE ON NEL ASA

* Historical earnings data for Nel ASA [https://seekingalpha.com/symbol/NLLSY/earnings]
* Financial information for Nel ASA [https://seekingalpha.com/symbol/NLLSY/income-statement]