Green360 Technologies (GT3) Q1 2026 TU earnings summary

Executive summary

• Achieved a strong cash position of $3.0 million at 30 September 2025, with an additional $0.768 million received post-quarter from a placement.

• Produced over 500 tonnes of metakaolin, enabling sample preparation for industry partners testing low-carbon cement and concrete.

• Successfully manufactured a noise wall panel using a proprietary low-carbon cement blend, achieving 64MPa strength, surpassing the 40MPa target.

• Appointed Darren Hedley as Non-Executive Director, aligning with the low-carbon cement strategy.

• CEO Bojan Bogunovic resigned, with Executive Chairman Aaron Banks assuming operational responsibilities.

Financial highlights

• Cash balance at quarter end: $3.0 million, excluding $0.768 million placement proceeds and $0.441 million expected R&D refund.

• Customer receipts for the quarter: $3.86 million from kaolin sales.

• Production costs: $4.2 million, reflecting stock build and increased metakaolin feedstock production.

• Net cash used in operating activities: $(1.34) million.

• Net cash from financing activities: $2.82 million, mainly from equity placement.

• Cash and cash equivalents at quarter end: $3.03 million.

Outlook and guidance

• Anticipates a $0.441 million R&D tax refund in the December 2025 quarter.

• Well-positioned to advance commercialisation and pilot programs with current cash and expected inflows.