EcoGraf (EGR) Q4 2026 TU earnings summary

Executive summary

• Advanced Epanko Graphite Mine financing, with ongoing lender engagement and optimization studies identifying potential production expansion beyond the 73,000tpa BFS case.

• Progressed offtake negotiations with prospective customers, aiming for increased contracted volumes to support current and future expansions.

• Commenced early works for Mine Access Road compensation, supporting construction readiness and rapid mobilisation post-FID.

• Activated €2.0m EIB grant funding for Epanko expansion studies and European market integration; €4.2m in additional co-funding applications underway.

• Strategic equity and offtake process launched, targeting long-term participation from customers and partners.

• Board strengthened with new Independent Non-Executive Director and Advisor to drive global expansion.

Financial highlights

• Cash and cash equivalents of $3.8 million at 30 June 2026.

• Net cash used in operating activities for the quarter was $(1.24) million; net cash used in investing activities was $(1.17) million.

• Net decrease in cash for the quarter was $(2.41) million.

• Estimated quarters of funding available: 1.59, with plans to manage expenditure and raise additional capital as needed.

Outlook and guidance

• Ongoing work to finalise Epanko debt financing, with a senior secured loan facility of up to US$105 million under the German UFK scheme.

• Anticipates updates on offtake negotiations and production expansion opportunities in the next quarter.

• Expenditure expected to decrease next quarter as major due diligence activities conclude.

• Confident in ability to raise sufficient capital through ongoing discussions with financiers and investors.