20 MW electrolysis module

Metacon Q3 EBIT Loss Widens to SEK 29.5M on Project Overruns

UPPSALA – November 04, 2026 -- Metacon AB swung deeper into the red in the third quarter of 2026, posting an operating loss (EBIT) of SEK 29.5 million against a loss of SEK 18.3 million a year earlier, as costs on one of its largest electrolyser projects came in well above plan.

Net revenue for July-September fell to SEK 34.5 million from SEK 40.9 million. EBITDA came in at SEK -25.2 million (previous year: SEK -15.5 million), and the loss after financial items reached SEK 32.2 million (SEK 19.4 million). Loss per share was SEK 0.02, compared with SEK 0.01.

Nine-month revenue rises to SEK 173.0 million while losses deepen

For January-September, net revenue climbed to SEK 173.0 million from SEK 147.7 million. EBITDA fell to SEK -54.6 million (SEK -35.7 million) and EBIT to SEK -64.9 million (SEK -44.5 million). The loss after financial items was SEK 75.5 million, against SEK 47.3 million, and loss per share was SEK 0.05 (SEK 0.04).