Ensurge Micropower ASA

Ensurge Micropower ASA

0.57
NOK
-0.02
(-2.89%)
-0.18EPS
631.86MMarket Cap
Ensurge Micropower ASA
OSL:ENSU
(Euronext Oslo)

Recent

price

0.57

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
- -
0.41
0.41
0.89
1.5
1.61
0.87
1.37
0.43
0.23
0.05
- -
- -
- -
- -
- -
- -
Revenue per Share
-8.01
-8.9
-9.84
-13.67
-21.03
-21.35
-26.39
-27.36
-23.92
-26.17
-4.25
-0.8
-0.54
-0.07
-0.02
-0.01
-0.02
Basic EPS, GAAP
-6.97
-7.47
-8.77
-10.59
-22.41
-22.99
-25.23
-36.64
-21.16
-11.42
-1.34
-0.42
-0.39
-0.06
-0.02
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.56
0.93
5.97
35.12
27.54
17.35
39.95
43.32
19.92
-6.56
-2.05
-0.33
-0.32
-0.02
- -
0.01
- -
Book Value per Share
3.56
0.93
5.97
35.12
25.78
15.52
38.45
42.59
19.13
-6.56
-2.05
-0.33
-0.32
-0.02
-0.01
- -
-0.01
Tangible Book Value per Share
1
1
1
1
1
1
2
2
3
3
9
39
43
226
603
814
884
Basic Weighted Avg Shares
- -
- -
- -
1
2
2
1
3
1
1
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
-2,187.52
-2,397.43
-1,561.04
-1,395.13
-1,435.77
-2,870.07
-2,045.81
-5,527.33
-11,064.34
-2,451.42
- -
- -
-9,904.35
-17,801.64
-38,488
-8,325.99
Operating Margin (%)
- -
- -
- -
- -
1
2
3
4
4
4
- -
- -
- -
1
1
1
1
Depreciation Expense
-4
-6
-8
-13
-26
-29
-44
-60
-72
-78
-39
-31
-23
-17
-13
-11
-16
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-2,194.61
-2,380.96
-1,529.83
-1,401.08
-1,327.1
-3,047.6
-1,999.36
-5,568.48
-11,190.58
-7,884.96
- -
- -
-12,249.28
-21,183.61
-43,200
-9,176.27
Profit Margin (%)
2
1
5
39
29
14
71
108
36
5
-26
1
-3
-1
- -
2
-3
Working Capital
- -
- -
- -
- -
- -
- -
13
12
12
25
22
17
16
13
10
5
3
LT Debt
3
1
5
42
36
25
83
130
60
-20
-47
-13
-16
-12
-3
12
4
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-234.43
-395.59
-271.35
-56.17
-65.85
-96.4
-82.29
-55.85
-75.66
- -
- -
- -
- -
- -
- -
- -
-665.66
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
4
5
LT Borrowings
1
1
- -
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
969
972
972
Market Capitalization
82
68
64

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9
3
4
Cash, Cash Equivalents & STI
6
3
3
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
7
6
Payables & Accruals
- -
- -
- -
ST Debt
4
4
5
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-34.76%
-118.67%
-446.56%
Free Cash Flow
-4.83%
-7.89%
-28.8%
Net Income, GAAP
-4.78%
-22.47%
-16.42%
Sales/Revenue/Turnover
- -
- -
-59.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
- -
- -
-0.02
2025
- -
- -
- -
-0.01
-0.01
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ensurge Micropower ASA is a Norway-based microbattery manufacturing company specializing in the design, development, production, and sale of solid-state lithium battery (SSLB) products. The company primarily produces rechargeable ultrathin, flexible, and safe solid-state lithium microbatteries using roll-to-roll printing technology on stainless steel substrates. Its product portfolio targets energy storage solutions for form-factor-constrained applications such as hearables (including hearing aids and wireless headphones), medical and sports/fitness wearables, digital health devices, connected sensors, and Internet of Things (IoT) devices that may utilize energy harvesting technologies. Ensurge's technology is distinguished by an anode-less solid-state lithium chemistry and an ultrathin stainless steel substrate, offering high energy density, extended device lifetime via increased charge/discharge cycling, and enhanced design flexibility. The company operates with global headquarters in Oslo, Norway, and maintains research and development as well as flexible electronics manufacturing facilities in San Jose, California, USA. Founded in 2005, Ensurge was formerly known as Thin Film Electronics ASA until its name change in June 2021. In recent developments, Ensurge has entered into a significant joint development and investment agreement with Corning Incorporated to advance its solid-state microbattery technology. This partnership includes Corning providing on-site resources to support the development of an ultra-high performance product line using Corning’s Ribbon Ceramic substrate. Ensurge has also successfully shipped numerous battery prototypes and improved its roll-to-roll manufacturing throughput, quality, and repeatability while progressing multi-year paid development programs in medical and consumer sectors. To support its growth and innovation initiatives, the company completed a private placement in November 2025 to raise approximately NOK 100 million, with proceeds earmarked for product development, manufacturing upgrades, and general corporate purposes. Additionally, leadership changes in 2025 include the appointment of Shauna McIntyre as CEO and Alex Munch-Thore as chairman of the board. Ensurge continues to focus on scaling the manufacturing of its solid-state lithium microbatteries primarily through its Silicon Valley flexible electronics fabrication operations with ambitions to become a premier provider of energy storage solutions for wearable devices and connected sensors in the United States, Europe, and Asia. This strategic combination of advanced microbattery technology, notable partnerships, and financial backing positions Ensurge Micropower ASA as a key player in the evolving energy-dense rechargeable battery market tailored to next-generation wearable and IoT applications.

Company News

  • Ensurge Micropower ASA (ENMPF) Shareholder/Analyst Call Transcript

  • Ensurge Micropower ASA (ENMPF) Q2 2026 Earnings Call Transcript