Cavendish Hydrogen ASA: Results for the second quarter 2025

OSLO, Norway, Aug. 28, 2025 /PRNewswire/ -- Cavendish Hydrogen ASA (Cavendish) (Oslo Børs ticker: CAVEN) reported revenues of EUR 5.6 million for the second quarter 2025 (Q2 2025). This represents a decrease of 39 per cent year over year and an increase of 51 per cent quarter over quarter.

Q2 2025 highlights:

Revenue was EUR 5.6 million, down 39 per cent year over year, and up 51 per cent quarter over quarter

The EBITDA result in Q2 ended at EUR -4.6 million, up 32 per cent year over year, and up 35 per cent quarter over quarter

Cash position of EUR 28.7 million at the end of quarter

Opened two new fueling stations in California, the first two together with a new major US customer

An all-time high 298 000 kg of hydrogen was dispensed from Cavendish Fueling Stations this quarter

Appointed new Chief Commercial Officer to position Cavendish for growth

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