Altech Batteries (ATC) H2 2026 earnings summary

Executive summary

• FY2026 marked by significant strategic shifts, including discontinuation of major projects and asset sales.

• CERENERGYⓇ battery project in Germany discontinued after failure to secure required equity funding, despite conditional €46.7M German government grant.

• Silumina Anodes™ battery materials project also discontinued and German subsidiary placed into liquidation.

• Focus shifted to preserving value from remaining assets and exploring new opportunities.

Financial highlights

• Revenue for FY2026 was $92,250, down from $176,490 year-over-year.

• Net loss after tax widened to $43,363,306 from $15,858,171 in the prior year.

• Net assets declined sharply to $4,007,055 from $20,435,499 year-over-year.

• Cash and cash equivalents at year-end were $501,717, up slightly from $448,234.

• No dividends declared or paid.

Outlook and guidance

• Immediate focus on asset realisation, cost control, and wind-down of German project entities.

• Board to assess new projects and corporate opportunities for future shareholder value.