Hazer Group (HZR) Q4 2026 TU earnings summary

Executive summary

• Completed Process Design Package (PDP) with KBR, enhancing commercial readiness and accelerating market engagement for large-scale hydrogen projects.

• Expanded commercial pipeline with active projects in steel, ammonia, clean fuels, and industrial sectors across multiple geographies.

• Entered new markets via MOUs, including renewable diesel and sustainable aviation fuel with CRV, and graphite offtake with Hallett Group.

• Strengthened intellectual property with a key patent granted in Japan, expanding global IP coverage to about 100 patents and applications.

Financial highlights

• Maintained a robust funding position of $13.0 million, including $10.7 million in cash and $2.3 million in pending government grant milestones as of 30 June 2026.

• Net operating cash outflows for the quarter were $2.2 million, slightly higher than the prior quarter due to annual insurance premiums.

• Cash and cash equivalents at quarter-end were $10.7 million, with an estimated 4.9 quarters of funding available at current burn rates.

• No loan facilities or credit standby arrangements in place; no new financing facilities proposed.

Outlook and guidance

• Focused on converting increased commercial momentum into long-term revenue opportunities.

• Ongoing engagement with major industrial partners and governments to support decarbonisation and industrial investment priorities.

• Continued pursuit of new federal and state government grants and investment opportunities.