Ceres Power Holdings Reports First Half GAAP EPS Loss and Revenue Growth
Ceres Power Holdings reported a first-half GAAP earnings per share (EPS) loss of -8.58p, alongside revenue growth to £22.77 million in the period, representing an 8% year-over-year increase. The company also noted improvement in its adjusted EBITDA loss, which narrowed to £6.8 million compared to a £11.3 million deficit during the same time last year. Ceres Power Holdings highlighted strong liquidity with cash and short-term investments reaching £172.0 million as of December 2025, up from £83.3 million in the prior period. The company reiterated its outlook for continued progress despite ongoing losses, signaling confidence in future performance improvements driven by operational efficiencies. The results reflect a mixed financial picture with revenue growth and improved cash reserves offsetting persistent earnings challenges.
