Quarterly ResultJun 17, 2026, 05:01 PM
International Battery Metals Q4 FY26 Net Loss $5.3M; Full Year Net Income $0.1M
AI Summary
International Battery Metals Ltd. reported its financial results for the fourth quarter and full year ended March 31, 2026. The company saw a significant increase in revenue for the fourth quarter to $63 thousand, though full-year revenue decreased to $164 thousand. Despite a net loss of $5.3 million in Q4 FY2026, the company reported a net income of $0.1 million for the full fiscal year. Key operational highlights include successful brine testing with high lithium recovery and contaminant rejection rates, and ongoing commercial discussions for its modular DLE plant. The company also raised $2.0 million in new equity financing.
Key Highlights
- International Battery Metals Ltd. reported Q4 FY2026 revenue of $63 thousand, compared to -$11 thousand in Q4 FY2025.
- Full year FY2026 revenue was $164 thousand, down from $871 thousand in FY2025.
- Q4 FY2026 net loss was $5.3 million, or $(0.02) per share, compared to a net income of $0.3 million, or $0.00 per share, in Q4 FY2025.
- Full year FY2026 net income was $0.1 million, or $0.00 per share, compared to a net loss of ($3.5) million, or $(0.01) per share, in FY2025.
- Cash balance as of March 31, 2026, was $9.2 million.
- Operating costs (excluding depreciation) decreased to $0.5 million in Q4 FY2026 from $1.0 million in Q4 FY2025.
- Company raised $2.0 million in new equity financing during Q4 FY2026.
Price Impact
More from IBATF