Green Hydrogen Systems' deficit grows upon "fair value" adjustment

The Danish electrolysis firm maintains its full-year guidance upon Q2 seeing a significant deficit resulting from an accounting mechanism tied to credit facilities.

Photo: Green Hydrogen Systems/PR

Recently listed electrolyzer manufacturer Green Hydrogen Systems (GHS) reports alongside its second-quarter interim report that everything is on track regarding its 2025 goal.

The company thus maintains its guidance for the year, which stipulates revenue in the interval DKK 40-60m (EUR 5.4-8m), earnings before interest, taxes, depreciations and amortizations of DKK 105-115m and an ordinary operating deficit of DKK 120-130m.

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