on Pyrum Innovations AG (isin : DE000A2G8ZX8)
Pyrum Innovations AG Reports First Quarter 2026 Results
Pyrum Innovations AG has released its financial results for the first quarter of 2026. The company reported revenue of EUR 1,030 thousand, doubling from EUR 509 thousand in the same period last year. Despite this increase, the EBITDA was recorded at EUR -2,419 thousand, a decline from 3M 2025's EUR 23 thousand. This quarter's net result stood at EUR -3,739 thousand, exacerbating from a EUR -877 thousand loss the previous year.
Significantly, the company commenced its first deliveries of ThermoTireBlack® from the new plant to Continental, marking a significant operational milestone. Looking towards 2026, Pyrum anticipates increased revenue from plant operations and consultancy services, forecasting up to EUR 9.5 million, with total output potentially reaching EUR 18 million.
The firm's focus remains on securing financing for new facilities and addressing negative cash flows, exploring various strategic options including equity and debt financing. The company aims to achieve EBITDA breakeven by 2027 while expanding its thermolysis technology leadership.
R. E.
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