Earnings ·
newcleo plc Reports H1 2026 Net Loss of €82.0M and Revenue of €19.4M
NWCLnewcleo plc
newcleo plc reported a net loss of approximately €82.0 million for the first half of 2026, an increase of about 10% from the prior year period, alongside revenue from products and services of roughly €19.4 million, up 46%. The company completed its business combination with NewHold Investment Corp III in September 2026, generating approximately $247 million in gross proceeds. Cash and cash equivalents stood at €66.5 million as of June 30, 2026, rising to an estimated €233 million by late September following the transaction. The firm is developing advanced modular reactor technology and nuclear fuel manufacturing capabilities.