# ALNG ASA Q2 2026 report

- Press release: ALNG ASA - Second quarter 2026 results (2026-08-18)
- Original: https://storage.mfn.se/c/aHR0cHM6Ly9hcGkzLm9zbG8ub3Nsb2JvcnMubm8vdjEvbmV3c3JlYWRlci9hdHRhY2htZW50P21lc3NhZ2VJZD02ODAwMzgmYXR0YWNobWVudElkPTMzMTMwNQ/alng-asa-q2-2026-report.pdf?news-id=a0346607-34f9-58d1-a63e-66f8e8105a1e
- Local copy: discarded after extraction (re-fetchable from Original)

**TL;DR —** ALNG ASA reported a Q2 2026 net loss of $6.4 million, consistent with Q1, driven by volatile spot rates and geopolitical disruptions, despite a capital raise of $29.16 million.

## Takeaways
- **Net Loss:** ALNG reported a net loss of $6.4 million in Q2 2026, matching Q1 2026, and a total net loss of $12.8 million for H1 2026.
- **EBITDA:** Q2 2026 EBITDA was $0.6 million, down from $0.9 million in Q1 2026, and significantly lower than H1 2025's $7.7 million.
- **Net TCE:** Net Time Charter Equivalent (TCE) was $32,600/day in Q2 2026, down from $42,600/day in Q2 2025.
- **Vessel Utilization:** Utilization for Q2 2026 was 66%, a slight decrease from 68% in Q1 2026.
- **Capital Raise:** The company completed a subsequent offering in June 2026, raising approximately $3.0 million, following a private placement in April that raised $26 million.
- **Cash Position:** Cash and cash equivalents increased to $33.3 million at the end of Q2 2026, up from $7.8 million at the end of Q1 2026.

*Generated 2026-09-25 via google/gemini-2.5-flash*