Earnings ·
American Battery Technology reports fiscal year 2026 revenue surging 407% to $21.7 million, driven by increased recycling facility throughput and improved pricing
ABATAMERICAN BATTERY TECHNOLOGY Co
American Battery Technology Company reported fiscal year 2026 financial results ending June 30, 2026. Revenue surged 407% to $21.7 million from $4.3 million in the prior year, driven by increased recycling facility throughput and improved pricing. Cost of goods sold rose 67% to $24.8 million. Adjusted gross profit turned positive at $1.7 million, compared to a loss of $6.2 million previously. The company ended with no outstanding debt and a cash balance of $49.5 million. Total assets increased to $132.8 million. Net loss attributable to common stockholders was $73.4 million. The company also published a Pre-Feasibility Study for its Tonopah Flats Lithium Project, identifying 21.3 million tonnes of lithium hydroxide monohydrate resource. American Battery Technology Company operates in the critical mineral manufacturing and battery recycling industry.