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H2APEX Adjusts 2024 Revenue Forecast Due to Delayed Component Deliveries

H2APEX has revised its revenue forecast for 2024, targeting at least EUR 28 million, down from the previously projected EUR 35-40 million. The adjustment comes amid delays in component deliveries, impacting revenue recognition. Revenues not realized in 2024 will be accounted for in 2025.

The company remains on track to nearly double its revenue compared to the previous year. H2APEX is committed to completing ongoing projects swiftly, including a significant 10 MW hydrogen electrolyzer in Germany. The CEO emphasizes customer satisfaction and reliable project completion as priorities.

Meanwhile, the CFO underlines the deferred revenue's contribution to 2025 success. H2APEX continues to align organizational structure and personnel with its growth strategy.

R. P.

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