VivoPower Reports FY2026 Results Including a Partial-Period Contribution from Mo i Rana Data Center
FY2026 IFRS loss $50.4M, EPS $(2.59), revenue $2.6M; $28.8M AWN debt settled with $12.3M cash and $16.5M preferred shares.
What this release says
VivoPower reported FY2026 results to 30 June 2026, which include the Mo i Rana Data Center only from its completion on 12 May 2026, so the full-year figures understate its contribution. The company posted a larger IFRS loss from continuing operations than a year earlier, and the filing says revenue and results since year end have run ahead of the full FY2026 totals. For a shareholder, the headline loss is shaped by non-cash charges and a short ownership period, and the debt owed to a related party was partly settled after year end.
Key figures
- FY2026 revenue
- US$2.6 million
- IFRS loss from continuing operations
- US$50.4 million
- Loss per share from continuing operations
- US$(2.59)
- Adjusted EBITDA from continuing operations
- US$(24.4) million
- Non-cash share-based payment expense
- US$13.1 million
- Loans and borrowings at 30 June 2026
- US$28.8 million
Positive for shareholders
- Data Center revenue and profit since year end are reported to exceed the full FY2026 totals.
- Tembo has reported post-balance-date revenue and purchase orders above its FY2026 result.
- Net assets rose to US$37.0 million, mainly from share issuances.
Negative for shareholders
- IFRS loss from continuing operations widened to US$50.4 million from US$17.3 million, restated.
- Adjusted EBITDA from continuing operations was negative at US$(24.4) million.
- About US$16 million of accrued interest owed to related party AWN remains outstanding.
- The filing notes financial-control risks and that restated FY2025 figures may not eliminate future corrections.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Adjusted EBITDA:
- A non-IFRS profit measure that adds back tax, interest, depreciation, amortization, impairments and certain other items to a company's loss, here keeping share-based payment expense in the figure.
- Demand-response:
- A payment arrangement in which a power user agrees to reduce or shift electricity consumption when the grid is under stress.
- Convertible preference shares:
- Preferred shares that can be converted into common shares under set terms.
- Restated:
- Previously published financial figures that have been corrected and reissued in revised form.
FAQ
Why are VivoPower's FY2026 results not a full year of the Mo i Rana Data Center?
The Mo i Rana data center results are consolidated only from 12 May 2026, the date of effective completion, so the year reflects a partial period.
How was VivoPower's debt to AWN settled after year end?
After 30 June 2026 the US$28.8 million principal owed to AWN was settled with US$12.3 million in cash and US$16.5 million exchanged for convertible preference shares, leaving accrued interest of about US$16 million outstanding.
What drove VivoPower's FY2026 IFRS loss?
The filing attributes the loss partly to US$13.1 million of non-cash share-based payment expense and US$14.8 million of non-cash fair-value losses on derivatives, warrants and other investments.
Historical context for VIVO
Across the 21 sessions after earlier VIVO headlines, the stock closed higher 9 times and lower 12 times, with a median move of 6.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | VIVO | SPY |
|---|---|---|---|
| Oct 21, 2026 | VivoPower Signs Definitive Heads of Agreement with Open Innovation AI to Develop Secure Sovereign AI Data Centers Across the Nordics, Mainland Europe, the GCC and selective countries in Asia | -0.9% | +0.5% |
| Oct 12, 2026 | VivoPower Mobilizes Construction of 40MW AI Data Center Conversion in Mo i Rana, Norway | -4.5% | -0.1% |
| Aug 17, 2026 | VivoPower Approves Independent Listing of 2.2GW Non-Nordic AI Infrastructure Platform, Transferring Capital Expenditure Requirements Whilst Retaining De Facto Control | +0.6% | -0.5% |
| Aug 3, 2026 | VivoPower Fully Retires US$28.8 Million Shareholder Debt Principal, Strengthening Balance Sheet Ahead of Nordic AI Infrastructure Buildout | +4.5% | +1.4% |
| Jul 29, 2026 | VivoPower Secures US$50 Million PIPE At US$7.50 Conversion Price Per Share | -18.3% | -1.5% |
| Jul 20, 2026 | VivoPower Appoints Group Finance Director | -1.6% | -0.2% |
- Market cap
- 30-day
- Sector
- Utilities
- Industry
- Power Generation
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