Published: 8/28/2026 9:42:55 AM
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The solar energy company Absolicon reports higher revenue in the second quarter compared with the same period a year earlier. The operating loss widened.Revenue rose to SEK 0.35 million (0.15).EBITDA was -SEK 4.5 million (-3.6). The operating result was -SEK 5.3 million (-4.6). Net profit was -SEK 3.5 million (-4.5), and earnings per share were -SEK 0.38 (-0.55). Cash flow from operating activities amounted to -SEK 13.3 million (-3.4).During the second quarter, Absolicon continued to expand in industrial solar thermal energy, including through the acquisition of Savosolar's solar thermal business and a final agreement with Athenian Brewery. CEO Joakim Byström stated this.The partnership with Phoenix continues with the aim of establishing production in the USA, while the company is building up its sales in Spain ahead of an expected heat auction that, according to Byström, could amount to at least SEK 7.6 billion. The recently completed and heavily oversubscribed rights issue will primarily finance sales initiatives.Byström believes that demand for fossil-free industrial heat is increasing as the vulnerability of fossil fuel supplies becomes clearer.Absolicon, SEK millionQ2-2026Q2-2025ChangeNet revenue0.350.15133.3%EBITDA-4.5-3.6Operating result-5.3-4.6Net profit-3.5-4.5Earnings per share, SEK-0.38-0.55Cash flow from operating activities-13.3-3.4
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