Loading...
Docoh

FREYR Battery (FREY)

FREYR plans to develop up to 35 GWh of battery cell production capacity in Norway and an additional 8 GWh via joint ventures in Norway and/or the Nordic region by 2025 to position the company as one of Europe’s largest battery cell suppliers. The facilities will be located in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear and energized environment. FREYR will supply safe, high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications. FREYR is committed to supporting cluster-based R&D initiatives and the development of an international ecosystem of scientific, commercial, and financial stakeholders to support the expansion of the battery value chain in our region.

Company profile

Ticker
FREY, FREY-WT
Exchange
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Subsidiaries
FREYR Battery US Holding, Inc. • Alussa Energy Acquisition Corp. ...

FREY stock data

Calendar

8 Aug 22
24 Sep 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 488.36M 488.36M 488.36M 488.36M 488.36M 488.36M
Cash burn (monthly) 12.07M (no burn) 10.51M 11.66M (no burn) 8.6M
Cash used (since last report) 34.19M n/a 29.77M 33.02M n/a 24.36M
Cash remaining 454.18M n/a 458.6M 455.35M n/a 464.01M
Runway (months of cash) 37.6 n/a 43.6 39.1 n/a 54.0

Beta Read what these cash burn values mean

76.1% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 119 105 +13.3%
Opened positions 29 33 -12.1%
Closed positions 15 26 -42.3%
Increased positions 28 35 -20.0%
Reduced positions 32 17 +88.2%
13F shares Current Prev Q Change
Total value 1.25B 900.52M +38.9%
Total shares 88.87M 80.46M +10.5%
Total puts 1.25M 1.45M -13.9%
Total calls 4.25M 5.67M -25.0%
Total put/call ratio 0.3 0.3 +14.8%
Largest owners Shares Value Change
Sylebra Capital 12.49M $85.43M -2.3%
Spring Creek Capital 11.5M $108.33M 0.0%
Kim 11.5M $78.66M NEW
Ats As 9.23M $81.22M 0.0%
Teknovekst Invest AS 8.39M $73.84M 0.0%
Alussa Energy Sponsor 7.19M $63.25M 0.0%
Handelsbanken Fonder AB 5.59M $38.24M 0.0%
Encompass Capital Advisors 4.73M $32.35M 0.0%
Candlestick Capital Management 3.83M $26.2M +3.5%
MS Morgan Stanley 3.65M $24.95M +17.8%
Largest transactions Shares Bought/sold Change
Kim 11.5M +11.5M NEW
FMR 0 -1M EXIT
EMJ Capital 0 -978.06K EXIT
Susquehanna International 0 -583.87K EXIT
MS Morgan Stanley 3.65M +551.65K +17.8%
Mirae Asset Global Investments 1.77M -525.34K -22.9%
Group One Trading 73.99K -329.71K -81.7%
NMR Nomura 319.21K +311.07K +3823.9%
Sylebra Capital 12.49M -295.27K -2.3%
Covalis Capital 0 -212.24K EXIT

Financial report summary

?
Competition
Byd

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: AB, amortization, Arctic, Article, certified, Changzhou, closer, criteria, curtailed, description, devised, discontinued, dollar, forfeited, foundation, Giga, Gigawatt, IA, inaugural, Krone, largest, leasehold, lessee, lessor, multilateral, nameplate, predominant, program, revaluation, sanctioned, slightly, Statkraft, suspended, visibility
Removed: acceleration, activity, aim, America, apparent, area, arrangement, cleanest, collectively, competition, consummated, dated, decision, delivering, earned, enterprise, equaling, factor, factory, Finland, fully, greater, group, implemented, intrinsic, issue, LFP, manage, occur, offset, partially, payroll, planning, pose, power, primary, processing, produce, readily, recently, reduce, regional, relate, reviewed, sector, segment, subscribe, subsequently, titled, trade, transferred, work, working, world
Proxies
No filings