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Helium One Global
Helium One Global (HE1) investor relations material
Helium One Global H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary26 Mar, 2026
Executive summary
Awarded a 480km² mining licence for the southern Rukwa Helium Project, the first of its kind in Tanzania, enabling transition from exploration to development planning.
Achieved first gas at the Galactica Project in Colorado, with six wells now tied into the Pinon Canyon facility and initial helium sales commenced.
Raised net proceeds of approximately £8.1 million to advance projects in Tanzania and the US.
Strengthened leadership with new executive and non-executive appointments.
Financial highlights
Reported an operating loss of $1.72 million for the six months ended 31 December 2025, compared to $1.97 million loss in the same period last year.
Loss for the period was $1.67 million, down from $1.93 million year-over-year.
Cash and cash equivalents stood at $5.1 million as of 31 December 2025, compared to $10.0 million at 31 December 2024.
Total assets increased to $66.8 million from $55.0 million year-over-year, driven by capitalised exploration and plant investments.
Net assets rose to $65.5 million from $54.6 million at 31 December 2024.
Outlook and guidance
Strategic farmout process to commence for the southern Rukwa Helium Project to secure an industry partner.
Galactica Project in the US to ramp up with additional wells and CO2 liquefaction on track for H1 2026.
Infill wells at Galactica expected to provide further revenue opportunities.
Strong market tailwinds anticipated for long-term helium and CO2 offtake agreements.
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Helium One Global
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