Iondrive
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Iondrive (ION) investor relations material

Iondrive H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary23 Feb, 2026

Executive summary

  • Net loss after tax for the half year ended 31 December 2025 was $3,132,771, compared to a loss of $1,729,554 in the prior year period.

  • Significant R&D expenditure of $2,893,622 focused on advancing IONSolv™ technology for urban mining applications, with $1,700,712 related to a pilot plant supported by a 50% government grant.

  • Strategic focus on commercialising proprietary recycling technology across battery, e-waste, solar panel, and magnet sectors in Australia and internationally.

Financial highlights

  • Revenue from continuing operations included $1,020,801 R&D tax offset and $834,795 in grant income for the half year.

  • Total comprehensive loss for the period was $3,126,220, up from $1,729,475 year-over-year.

  • Cash balance at 31 December 2025 was $8.4 million, up from $5.9 million at 30 June 2025.

  • Net operating cash outflow was $848,087, with a net increase in cash of $2,562,279 for the half year.

Outlook and guidance

  • Pilot plant commissioning and commercial engagement are expected to drive the next phase of development.

  • Ongoing evaluation and scale-up planning for battery, solar, and magnet recycling applications.

  • Participation in European benchmarking and battery recycling consortium to support market entry and validation.

Impact of pilot plant's Australian location on EU plans?
Detail IONSolv's e-waste REE recovery validation results.
How will unearned grant revenue support future R&D?
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