Altech Batteries (ATC) Q1 2026 TU earnings summary

Executive summary

• Entered strategic collaboration with AMPower for immediate market entry into sodium nickel chloride battery markets in Europe, Australia, and the USA, targeting UPS and energy storage sectors.

• Acquired additional stakes, now holding 75% of CERENERGY® and 100% of Silumina Anodes™ projects, streamlining corporate structure and enhancing financing options.

• CERENERGY® 120 MWh battery project in Germany progressing, with preliminary €46.7m grant approval and active funding discussions.

• Secured three offtake LOIs covering 100% of CERENERGY® production for the first five years.

Financial highlights

• Cash and cash equivalents at quarter end: $581,000.

• Net cash used in operating activities: $(2,086,000) for the quarter.

• Net cash from financing activities: $2,701,000, including full drawdown of €2M Bearer Bond facility.

• Market capitalization as of 30 September 2025: $119.1M.

• Announced $6M capital raising post-quarter to support ongoing operations and project development.

Outlook and guidance

• Early market entry via AMPower partnership expected to generate near-term cash flow and build brand presence ahead of CERENERGY® plant commissioning.

• Focus on advancing CERENERGY® project funding through debt, equity, and government grants.

• Ongoing R&D to finalize next-generation battery pack design and scale production.