Quarterly ResultMay 11, 2026, 08:52 AM
AMERICAN BATTERY TECHNOLOGY Co Q3 Revenue $7.81M; Net Loss $(33.84)M
AI Summary
AMERICAN BATTERY TECHNOLOGY Co reported a significant increase in revenue for the three and nine months ended March 31, 2026, with Q3 revenue reaching $7.81 million. Despite the revenue growth, the company's net loss widened to $(33.84) million for the quarter. The balance sheet strengthened considerably, with cash and total assets increasing, while total liabilities decreased. Management believes current cash and anticipated revenue are sufficient to fund operations for at least the next 12 months.
Key Highlights
- Q3 2026 revenue surged to $7.81 million from $0.98 million in Q3 2025.
- Nine-month revenue increased to $13.51 million from $1.51 million year-over-year.
- Q3 2026 net loss was $(33.84) million, compared to $(11.50) million in Q3 2025.
- Cash and cash equivalents rose to $37.69 million from $7.47 million since June 30, 2025.
- Total assets increased to $119.43 million from $84.46 million since June 30, 2025.
- Total liabilities decreased to $6.67 million from $13.86 million since June 30, 2025.
- Net cash used in operating activities for nine months improved to $(19.62) million from $(23.10) million.
- Net cash from financing activities for nine months was $55.35 million, up from $25.95 million.