H2APEX Reports Q1 2025 Financial Performance

H2APEX Group SCA has released its interim financial results for the first quarter of 2025, reporting revenues of EUR 2.1 million. This figure aligns with annual expectations set between EUR 6 million and EUR 8 million. The company emphasizes its focus on proprietary projects, impacting Q1 revenue.

In strategic moves, H2APEX has acquired complete ownership of HH2E Werk Lubmin GmbH. This acquisition aims to enhance hydrogen project execution capabilities at the Lubmin site. Additionally, hydrogen filling stations in Güstrow and Bad Doberan were successfully handed over to Rebus, contributing to the delivery of 21 tons of hydrogen in Q1.

High investments and staffing costs led to an EBITDA of EUR -7.1 million. The workforce increased to an average of 150 employees. H2APEX continues to expand its business operations and services, aiming for long-term growth and profitability.