FREYR Battery FREY NYSE

NYSE • Industrials • Electrical Equipment & Parts • US • USD

SharesGrow Score

47/100

2/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

FREYR Battery (FREY) generated $42.99M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $17.98M, free cash flow was $25.01M.

Free cash flow margin was -59.8% of revenue. Cash conversion ratio was -0.23x, suggesting some earnings are non-cash.

Criteria supported by this page:

HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (29/100, Fail) — limited free cash flow weakens the competitive position
INCOME (10/100) — Cash conversion ratio was -0.23x suggests some earnings are non-cash items

Overall SharesGrow Score: 47/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

47/100

SG Score

View full scorecard →

✓

VALUE

100/100

Price-to-Earnings & upside

→ Valuation

✓

FUTURE

100/100

Analyst consensus

→ Forecast

✗

PAST

0/100

→ Income

✗

HEALTH

33/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

29/100

Proven by this page

GROWTH

58/100

→ Income

✗

INCOME

10/100

→ Income

FREYR Battery Cash Flow History

Metric	TTM	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Operating Cash Flow	$95.46M	$42.99M	$63.86M	$33.43M	$-44.81M
Capital Expenditure	$-78.8M	$-17.98M	$-8.87M	$-22.8M	$-29.14M
Free Cash Flow	$16.66M	$25.01M	$54.98M	$10.63M	$-73.96M