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.
![FREYR Battery logo](https://files.capedge.com/10-K/0001213900-22-011331/image_001.jpg)
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
2024 Q1
8 May 24
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 | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
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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) | 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) | 184.56 mm | 74.85 mm | 115.54 mm | 114.00 mm | 63.55 mm | 58.57 mm |
Cash remaining | 143.30 mm | 253.01 mm | 212.33 mm | 213.86 mm | 264.31 mm | 269.29 mm |
Runway (months of cash) | 7.7 | 33.5 | 18.2 | 18.6 | 41.2 | 45.5 |
Institutional ownership, Q4 2023
26.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 2 |
Closed positions | 134 |
Increased positions | 2 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 891.09 mm |
Total shares | 37.35 mm |
Total puts | 2.30 k |
Total calls | 68.10 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Wood River Capital | 11.50 mm | $151.11 mm |
Alussa Energy Sponsor | 11.15 mm | $95.90 mm |
Teknovekst Invest AS | 7.58 mm | $11.37 mm |
Ats As | 6.78 mm | $22.71 mm |
Green Alpha Advisors | 201.22 k | $376.27 mm |
Inscription Capital | 48.00 k | $89.76 mm |
Arizona State Retirement System | 29.29 k | $54.77 mm |
Raymond James & Associates | 26.17 k | $48.95 mm |
BSW Wealth Partners | 18.11 k | $33.86 mm |
First PREMIER Bank | 4.50 k | $8.00 k |
News
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28 May 24
Why FREYR Battery Shares Jumped 26% Wednesday
22 May 24
Why XP Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
22 May 24
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22 May 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
22 May 24
Press releases
FREYR Battery Announces Leadership Changes to Support Strategic Focus on Accelerating Path to Profitability
6 Jun 24
FREYR Battery Provides Operations Update
22 May 24
FREYR Battery to Participate in TD Cowen's Sustainability Week Conference
21 May 24
FREYR Battery Reports First Quarter 2024 Results
8 May 24
Global Silicon-Based Anode Battery Market Size Is Expected to Reach $3.4 Billion By End of 2031
30 Apr 24