REC Silicon ASA (OSL:RECSI)
Norway
· Delayed Price · Currency is NOK | Market Cap | 1.12B |
| Revenue (ttm) | 788.31M |
| Net Income (ttm) | -636.09M |
| Shares Out | 4.61B |
| EPS (ttm) | -1.51 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 586,946 |
| Average Volume | 1,337,215 |
| Open | 0.239 |
| Previous Close | 0.241 |
| Day's Range | 0.237 - 0.243 |
| 52-Week Range | 0.232 - 2.914 |
| Beta | -0.07 |
| RSI | 31.00 |
| Earnings Date | May 7, 2026 |
About REC Silicon ASA
REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries in Norway and internationally. It provides various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; and solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot... [Read more]
Financial Performance
In 2025, REC Silicon ASA's revenue was $78.20 million, a decrease of -44.46% compared to the previous year's $140.80 million. Losses were -$63.10 million, -86.20% less than in 2024.
Financial numbers in USD Financial StatementsNews
REC Silicon ASA Earnings Call Transcript: Q4 2025
Q4 2025 saw a $3.7M EBITDA loss, increased debt, and a proposed $100M rights issue to address ongoing financing needs. Market conditions remain volatile with persistent oversupply and limited recovery in key segments.
REC Silicon ASA Earnings Call Transcript: Q3 2025
Q3 saw a -$7.2M EBITDA loss, driven by weak Butte sales, with cost reductions and restructuring ongoing. Cash flow was supported by new loans, but significant debt matures in 2026 and additional financing is needed amid market softness and policy uncertainty.
REC Silicon ASA Earnings Call Transcript: Q2 2025
Q2 2025 saw positive EBITDA of $4.9M, driven by cost reductions and a one-time lease income. Trade and market uncertainties continue to impact demand, while additional financing and non-core asset disposals are underway to support liquidity.
REC Silicon ASA Transcript: EGM 2025
The meeting focused on electing a new Board of Directors, with Hanwha's nominees approved by majority vote. Shareholders raised concerns about board representation and procedural timing, but all resolutions passed with sufficient support.
REC Silicon ASA Earnings Call Transcript: Q1 2025
Restructuring continues amid a challenging market, with Q1 EBITDA loss of $4.6M and revenue impacted by trade actions and weak demand. Board recommends accepting Hanwha's NOK 2.2 share offer, while financing and operational adjustments remain ongoing.
REC Silicon ASA Earnings Call Transcript: Q4 2024
Q4 revenue reached $29.7M, with silicon gas shipments up 5% and Butte polysilicon sales doubling sequentially. The company is restructuring, focusing on silicon gas, and secured $40M in new financing, while discontinuing Moses Lake polysilicon production.
REC Silicon ASA Earnings Call Transcript: Q3 2024
Q3 2024 saw $33.8M revenue and a $42.7M EBITDA loss, mainly from Moses Lake startup costs and weak silane sales. Operations at Moses Lake are at 15% capacity due to qualification delays, with future ramp-up timing uncertain. Cash conservation and market softness continue to shape strategy.
REC Silicon ASA Transcript: Status Update
Key impurity issues have been resolved, enabling product to meet market standards and support a mid-October shipment target. Full production is aimed for year-end, with financial guidance unchanged and ongoing focus on quality and operational stability.
REC Silicon ASA Earnings Call Transcript: Q2 2024
Q2 2024 saw higher EBITDA loss from Moses Lake startup costs and lower value product, while Chinese oversupply and trade actions pressured volumes and pricing. First shipment from Moses Lake is on track for mid-September, with full capacity expected by year-end.