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Metacon's Q2 2025 Interim Report: A Glimpse into Exceptional Growth

Metacon AB has unveiled its interim report for the second quarter of 2025, marking an impressive milestone in financial performance with net sales reaching SEK 56.7 million—an astounding increase of over 400% when compared to the same period last year. This remarkable uplift is primarily attributed to a major renewable energy initiative, particularly the company’s groundbreaking 50 MW project in Greece carried out in collaboration with Motor Oil.

Analyzing Q2 Performance

The Q2 figures reflect a robust financial trajectory:

• - Net Revenues: SEK 61.6 million in Q2 2025, up from SEK 11.6 million in Q2 2024
• - EBITDA: -SEK 7.9 million, an improvement from -SEK 28.8 million
• - Operating Profit (EBIT): -SEK 11.1 million, significantly better than -SEK 31.6 million
• - Profit/Loss After Financial Items: -SEK 12.9 million, recovering from -SEK 32.0 million
• - Earnings Per Share: -SEK 0.01, an improvement over -SEK 0.05

In the half-year results from January to June 2025, Metacon reported net revenues of SEK 111.5 million, skyrocketing from SEK 19.9 million in the first half of last year, indicating a substantial growth rate of 474%. Despite incurring losses, the company has shown marked improvements across key financial metrics, suggesting a path towards stabilization and profitability in the future.

Drivers of Growth

The surge in sales and revenue can be linked to several pivotal events during and after the quarter. Notably, Metacon secured a contract on May 14, 2025, to supply a 1 MW pressurized alkaline electrolysis plant to a prominent renewable energy company operating in Morocco. This marks a significant addition to Metacon's portfolio and emphasizes its commitment to supporting global renewable energy initiatives.

Furthermore, on May 26, the company successfully obtained temporary project financing totaling 20 million SEK from external lenders, bolstering its operational capabilities. This funding is crucial as the global demand for renewable energy solutions continues to rise, providing Metacon with the necessary capital to enhance its project delivery capacity.

On June 4, they capitalized on another opportunity by receiving an order for HIWAR® technology evaluation from a leading global chemicals company, with a contract value of EUR 210,000. This technology aims to explore alternative, low-carbon chemical production methods while expanding Metacon's footprint in the chemicals sector, a vital contributor to the overall clean energy mission.

Future Outlook

The management's positive outlook reflects confidence stemming from the company's strategic initiatives. As stated in CEO Christer Wikner’s commentary on the report, the efforts surrounding the 50 MW project in Greece are anticipated to create a ripple effect, positioning Metacon as a key player not just within the hydrogen production technology niche but also in the wider renewable energy landscape.

With a commitment to ongoing innovation and partnerships, Metacon's future looks promising as it navigates the challenges and opportunities of the evolving energy sector. The enhanced understanding gained from projects undertaken this year will inform future developments, aiming towards sustainability and economic viability.

In conclusion, Metacon's Q2 report stands as a testimony of not only financial recovery but also a vibrant push towards a greener future, leveraging innovative technologies to transform how energy is produced and consumed globally.

About Metacon

Metacon AB specializes in creating energy systems for the production of fossil-free 'green' hydrogen. Working together with PERIC Hydrogen Technologies based in Handan, China, the company is a leader in providing electrolysis plants tailored for large-scale hydrogen production. Their focus extends to producing integrated hydrogen refueling stations, anticipating a boom in clean transportation worldwide, alongside their specialized HIWAR® technology supporting hydrogen extraction from various hydrocarbons.