American Battery Technology Company Reports Q4 FY2026 Earnings with Positive Gross Margin
American Battery Technology Company (ABAT) reported a significant improvement in financial performance for the fiscal year ending June 30, 2026. Revenue surged by over 400% to $21.7 million due to increased recycling throughput and byproduct manufacturing. The company achieved its first-ever positive adjusted gross profit of $1.7 million compared to a loss in FY2025, driven by higher capacity factors and operational efficiencies. ABAT also reported strong balance sheet metrics with cash reserves reaching $49.5 million as of June 30, supported by financing activities and interest income. The company has no long-term debt after extinguishing all obligations during the year. Additionally, ABAT is expanding its recycling capacity to 100,000 tons per year in a new Southeast U.S. facility with $150 million from the Department of Energy.
Tickers: $ABAT
Topics: cash flow costs expansion plans lithium resources recycling operations revenue