AMERICAN BATTERY TECHNOLOGY COMPANY

American Battery Technology increased revenue in 2026 by 400% to $21.7 million and recorded a positive gross margin for the first time with an adjusted gross profit of about $1.7 million. Cash and cash equivalents rose to roughly $49.5 million and long-term liabilities were reduced to zero. Growth was driven largely by the first battery recycling plant; the company plans a second facility with about 100,000 tons of annual capacity, tied to a $150 million DOE grant. In parallel, American Battery Technology is advancing the Tonopah lithium project and reports progress in the permitting process; the stock dipped slightly after the results and traded near its 52-week low. » Mere på de.investing.com

American Battery Technology reported revenue of $21.7 million for the fiscal year ended June 30, 2026, up 407% year‑over‑year. On a GAAP basis the company showed a gross loss of $3.1 million, but a gross profit of $1.7 million on an adjusted Non‑GAAP basis. Cash balance rose to $49.5 million, while net losses widened to $73.4 million ($0.58 per share) amid sharply higher operating costs. The company plans to build a second recycling facility and received a $150 million DOE grant; it also has a pre‑feasibility study for Tonopah Flats and a $57.7 million collaboration agreement for a lithium‑hydroxide refinery. » Mere på de.investing.com

American Battery Technology Company reported revenue of $5.1 million in Q2 of fiscal 2026, more than in the previous four quarters combined. Total expenses were $6.4 million; the company holds $48.7 million in cash and has no debt. The stock fell 12.62% intraday and declined further in after-hours trading as investors criticized the high spending and uncertain earnings outlook. Management emphasizes expansion of recycling facilities and the Tonopah Flats lithium project but still expects negative EPS in upcoming quarters. » Mere på de.investing.com