Zeotech (ZEO) H1 2026 earnings summary

Executive summary

• Recorded a net loss of $3.24 million for the half-year ended 31 December 2025, compared to a $1.11 million loss in the prior year.

• Achieved major commercial milestones, including a $204 million binding five-year kaolin DSO offtake agreement and successful commercial-scale trials of AusPozz™ concrete.

• Advanced mining readiness at the Toondoon Kaolin Project, with mining operations anticipated to commence in 2026.

• Strengthened balance sheet with a $13 million placement and $0.96 million R&D refund, ending the period with $12.3 million in cash.

Financial highlights

• Revenue for the half-year was $1.20 million, up from $0.93 million in the prior period.

• Net loss increased to $3.24 million from $1.11 million year-over-year.

• Basic and diluted loss per share was 0.17 cents, compared to 0.06 cents in the prior period.

• Cash and cash equivalents at period end were $12.3 million, up from $2.3 million at 30 June 2025.

• Share-based payments expense rose to $953,081 from $121,926 year-over-year.

Outlook and guidance

• Mining operations at Toondoon Kaolin Project expected to commence in the first half of 2026.

• Early cash flows anticipated from the MSI offtake agreement to support project development and AusPozz™ commercialisation.

• Ongoing field trials for methane emissions control technology, with live validation commencing February 2026.