ClimateRock Reports FY 2024 Net Loss of $390,001, Down from FY 2023 Net Income of $483,430
Reuters
Jun 26, 2025
<a href="https://laohu8.com/S/CLRC">ClimateRock</a> Reports FY 2024 Net Loss of $390,001, Down from FY 2023 Net Income of $483,430
ClimateRock has released its financial results for the fiscal year ending December 31, 2024. The company reported a net loss of $390,001, a notable shift from the net income of $483,430 recorded in 2023. This change was primarily due to the decrease in dividend income, which fell to $1.445 million in 2024 from $2.134 million the previous year, alongside an increase in formation and operating costs, which rose to $1.715 million compared to $1.528 million in 2023. The company's activities since inception have been focused on its formation and Initial Public Offering, with no operating revenues generated as of the end of 2024. ClimateRock anticipates continuing to incur increased expenses related to its status as a public company and due diligence expenses in its pursuit of a target for an initial Business Combination.
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