freyr is a norwegian incorporated company developing a combined 32+2 gwh lithium ion battery facility and 600 mw onshore wind-park in rana and nesna municipalities in norway. the company’s products will target the rapidly expanding ev market in europe and develop additional markets in the marine, stationary storage, short-haul aviation and offshore segments through cluster-based r&d initiatives with leading norwegian and european institutions and companies.
Company profile
Ticker
FREY, FREY-MM
Exchange
Website
CEO
Tom-Einar Rysst Jensen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FREYR Battery US Holding, Inc. • Alussa Energy Acquisition Corp. • FREYR Battery UK, Ltd • FREYR Battery US, LLC ...
FREY stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
12 Jan 24
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Jan 24
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Jan 24
25-NSE
Exchange delisting
2 Jan 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
2 Jan 24
8-K
Submission of Matters to a Vote of Security Holders
18 Dec 23
8-K
Other Events
7 Dec 23
8-K
FREYR Battery Appoints Jessica Wirth Strine to Board of Directors
27 Nov 23
8-K
Regulation FD Disclosure
15 Nov 23
8-K
FREYR Battery Reports Third Quarter 2023 Results
9 Nov 23
Transcripts
FREY
Earnings call transcript
2023 Q3
9 Nov 23
FREY
Earnings call transcript
2023 Q2
10 Aug 23
FREY
Earnings call transcript
2023 Q1
15 May 23
FREY
Earnings call transcript
2022 Q4
27 Feb 23
FREY
Earnings call transcript
2022 Q3
15 Nov 22
FREY
Earnings call transcript
2022 Q2
8 Aug 22
FREY
Earnings call transcript
2021 Q2
12 Aug 21
Latest ownership filings
SC 13G/A
Encompass Capital Advisors LLC
14 Feb 24
144
Notice of proposed sale of securities
21 Dec 23
SC 13D
Teknovekst Invest AS
17 Nov 23
SC 13D/A
ATS AS
9 Nov 23
144
Notice of proposed sale of securities
30 Aug 23
144
Notice of proposed sale of securities
17 Aug 23
SC 13D/A
Teknovekst Invest AS
19 Apr 23
SC 13G/A
Sylebra Capital Ltd
10 Mar 23
SC 13G/A
Encompass Capital Advisors LLC
14 Feb 23
SC 13G/A
Sylebra Capital Ltd
14 Feb 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
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Operating income | |||
Operating margin | |||
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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) | 327.86 mm | 327.86 mm | 327.86 mm | 327.86 mm | 327.86 mm | 327.86 mm |
Cash burn (monthly) | 18.64 mm | 7.56 mm | 11.67 mm | 11.52 mm | 6.42 mm | 5.92 mm |
Cash used (since last report) | 127.05 mm | 51.53 mm | 79.53 mm | 78.47 mm | 43.75 mm | 40.32 mm |
Cash remaining | 200.82 mm | 276.34 mm | 248.33 mm | 249.39 mm | 284.11 mm | 287.54 mm |
Runway (months of cash) | 10.8 | 36.5 | 21.3 | 21.7 | 44.3 | 48.6 |
Institutional ownership, Q3 2023
70.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 151 |
Opened positions | 25 |
Closed positions | 27 |
Increased positions | 51 |
Reduced positions | 38 |
13F shares | Current |
---|---|
Total value | 259.35 bn |
Total shares | 98.96 mm |
Total puts | 1.57 mm |
Total calls | 1.80 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Kim | 11.50 mm | $56.24 bn |
Wood River Capital | 11.50 mm | $151.11 mm |
Alussa Energy Sponsor | 11.15 mm | $95.90 mm |
Encompass Capital Advisors | 10.15 mm | $49.63 bn |
Ats As | 9.23 mm | $81.22 mm |
Teknovekst Invest AS | 6.98 mm | $58.29 mm |
Handelsbanken Fonder AB | 5.61 mm | $27.42 mm |
Southpoint Capital Advisors | 5.00 mm | $24.45 bn |
MS Morgan Stanley | 3.14 mm | $15.33 bn |
Long Focus Capital Management | 2.16 mm | $10.58 bn |
News
FREYR Battery Charges Forward Despite Q4 Loss: Eyes On 2024 Production And Giga America Funding
29 Feb 24
FREYR Battery Q4 Adj. EPS $(0.13) Beats $(0.25) Estimate, As Of December 31, 2023, Company Had Cash And Equivalents, And Restricted Cash Of $275.7M
29 Feb 24
Earnings Scheduled For February 29, 2024
29 Feb 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
7 Feb 24
Press releases
FREYR Battery Announces First Quarter 2024 Earnings Release and Conference Call Schedule
23 Apr 24
FREYR Battery Announces the Appointments of Todd Kantor, Tore Ivar Slettemoen, and David Manners to the Board of Directors
19 Apr 24
FREYR Battery Reports Fourth Quarter and Full Year 2023 Results
29 Feb 24
Thinking about buying stock in FREYR Battery, BioNano Genomics, New York Community Bancorp, Datasea, or Cheche Group?
14 Feb 24
FREYR Battery Provides Operations and Financial Update
7 Feb 24