- FREYR Battery press release ( NYSE: FREY ): Q4 GAAP EPS of $0.20 beats by $0.39.
- As of December 31, 2022, FREYR had cash, cash equivalents, and restricted cash of $563.0 million.
- CEO update: “We expect 2023 to be a truly exciting and transformative year for FREYR and our 24M licensing partners as we move into live battery production. Our teams are working tirelessly to achieve key milestones that include, among other things, producing testable batteries from the CQP, continuing the construction of Giga Arctic, running several financing processes in parallel, developing new strategic relationships, and bringing initial production from Giga America online as fast as possible. We ended the year with a nearly identical cash balance to what we started with in 2022 and have in the meantime made strong progress across our entire value chain with an opportunity set in front of us which is more robust than ever.”
- Shares +2.18% PM.
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FREYR Battery GAAP EPS of $0.20 beats by $0.39