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Technology Minerals (TM1) investor relations material
Technology Minerals H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved significant operational and commercial progress, especially in battery recycling and mineral exploration.
Recyclus subsidiary delivered record revenues, first positive cash flow months, and expanded production scale.
Strengthened strategic positioning with proposed Board appointments and new partnerships.
Financial highlights
Group loss for the six months to 31 December 2025 was £1.6m, slightly improved from £1.7m loss in H1 2024.
Recyclus revenues doubled to £1.5m (H1 2024: £0.7m).
Gross profit rose to £1.3m (H1 2024: £0.5m), with administrative expenses at £2.4m.
Net cash used in operating activities was £1.2m; cash at period end was £26k.
Secured £1.1m loan for Recyclus and raised £350k via share issue post-period.
Outlook and guidance
Management expects continued revenue growth at Recyclus, driven by operational efficiencies and new equipment.
Focus remains on expanding exploration portfolio and building a resilient domestic supply chain for critical materials.
Board appointments to support evaluation of new operational verticals aligned with national resilience priorities.
- Revenue growth in recycling offset by asset sale losses; liquidity and funding remain critical.TM1
H2 2025 - Recyclus reached positive cash flow and expanded black mass sales amid strategic project advances.TM1
Trading Update - Losses increased as asset sale and battery recycling ramped up; liquidity risk remains.TM1
H2 2024 - Returned to profit and secured major recycling contracts, positioning for growth.TM1
H1 2025
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