Green360 Technologies (GT3) Q4 2025 TU earnings summary

Executive summary

• Entered a non-binding MOU with PERMAcast for a 50/50 JV to develop and commercialise low-carbon retaining wall blocks in Western Australia, targeting a supply deficit and strong demand in infrastructure and residential sectors.

• Achieved successful production and supply of high-quality metakaolin samples for low-carbon concrete, validated by internal and third-party testing.

• Developed a proprietary red mud-kaolin low-carbon cement blend, achieving 85% of reference mortar strength with significant environmental benefits.

• Secured a supply contract with a Japanese customer for kaolin in the clean energy sector, expanding into waste-to-energy applications.

Financial highlights

• Revenue from kaolin sales reached A$13.3 million in FY25, up 8.1% year-over-year from A$12.3 million in FY24 and A$11.3 million in FY23.

• Pittong operation sold 22,074 tonnes in FY25, up from 19,842 tonnes in FY24.

• Pittong reported EBITDA of A$0.2 million in FY25, a turnaround from a A$1.1 million loss in FY24, reflecting a 118% improvement.

• Net cash used in operating activities was A$346,000 for the quarter and A$1.72 million for the year.

• Cash and cash equivalents at quarter end were A$1.82 million.

Outlook and guidance

• JV with PERMAcast aims to commission block laying and batching equipment by H1 2026, with first low-carbon products expected to reach market soon after.

• Commercial-scale validation of red mud-kaolin cement blends is set to begin, targeting precast concrete product lines.

• Expansion into the Japanese clean energy market could increase kaolin sales to 2,000 tonnes per annum if all trials succeed.