Enapter AG: Enapter AG Publishes Preliminary Figures for 2025

EQS-Ad-hoc: Enapter AG / Key word(s): Other Enapter AG: Enapter AG Publishes Preliminary Figures for 2025 13-March-2026 / 15:36 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. Publication of Inside Information pursuant to Article 17 of Regulation (EU) No. 596/2014

Enapter AG Publishes Preliminary Figures for 2025

Hamburg, March 13, 2026. Enapter AG (ISIN: DE000A255G02) announces its preliminary, unaudited figures for 2025. Revenue amounted to approximately 22.1 million euros, which is within the previously communicated range of 20–22 million euros.

Preliminary, unaudited EBITDA amounted to approximately -18.1 million euros, falling below the forecast of -9 to -10 million euros communicated for 2025. This was primarily due to impairment charges on receivables amounting to approximately 3 million euros, as well as an expense of approximately 4.5 million euros related to the return of stacks that had already been delivered.

The company currently expects to recognize the revenue underlying the returned stacks in fiscal year 2026.

Adjusted for these effects, the preliminary, unaudited EBITDA would have been approximately -10.6 million euros, compared to -6.9 million euros in the prior year.

The order backlog amounted to approximately 36 million euros as of December 31, 2025. According to current estimates, approximately 29 million euros of this amount is attributable to the 2026 fiscal year.

Published by

Gerrit Kaufhold
Executive Board

 

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About Enapter

Enapter is a global green tech company that develops and offers AEM electrolysers for the production of green hydrogen, as well as the CoreKraft digital platform.