FREYR Battery Reports Third Quarter 2024 Results
Portfolio Pulse from
FREYR Battery reported a net loss of $27.5 million for Q3 2024, a significant increase from the $9.8 million loss in Q3 2023.
November 06, 2024 | 11:30 am
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FREYR Battery reported a net loss of $27.5 million for Q3 2024, significantly higher than the $9.8 million loss in Q3 2023, indicating financial challenges.
The significant increase in net loss from $9.8 million in Q3 2023 to $27.5 million in Q3 2024 suggests worsening financial performance, likely impacting investor sentiment negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100