Brenmiller Energy Reports $387,000 Revenue and $7.45 Million Net Loss for First Half of 2025
I'm PortAI, I can summarize articles.
Brenmiller Energy reported $387,000 in revenue and a net loss of $7.45 million for the first half of 2025. Operating loss increased to $6.57 million, attributed to higher costs related to the Enel project and inventory write-downs. Cash reserves fell to $2.16 million, but the company raised $5.2 million through equity offerings. Projected revenues for 2026 are $1.7 million, with a project pipeline valued at $500 million. A private placement agreement for up to $25 million in equity financing has also been signed.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments