Gold Hydrogen (GHY) H2 2026 earnings summary

Executive summary

• Advanced the Ramsay Project with successful drilling of Ramsay 3 and 4, expanding technical data for Natural Hydrogen and Helium potential.

• Secured $14.5 million strategic investment from Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora, strengthening funding and collaboration.

• Focused on confirming and commercialising Natural Hydrogen and Helium, with ongoing well testing and downstream studies.

Financial highlights

• Net loss after tax: $2,479,159 for FY2026 (FY2025: $2,241,100).

• Cash and cash equivalents at year-end: $9,423,360 (prior year: $11,484,796).

• Total assets: $47,266,301; net assets: $44,571,859.

• Raised $14.5 million via share placement at $0.70 per share, a 22% premium to prior close.

• R&D tax refund received: $2,708,806.

Outlook and guidance

• Immediate priority is completion and interpretation of the 2026 Ramsay flow-testing program.

• Future activities depend on flow-test results, funding, regulatory approvals, and technical studies.

• Plans to refine geological models, assess Contingent Resources, and progress engineering and commercial studies.