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Environmental Clean Technologies Limited ( (AU:ECT) ) just unveiled an announcement.
Environmental Clean Technologies Limited has received a FY25 R&D Tax Incentive rebate of $556,698 from the Australian Taxation Office, reflecting eligible research and development work on its technology suite. The 43.5% rebate, provided as a cash payment due to the company’s tax loss position, strengthens ECT’s funding base for ongoing R&D and highlights the role of government incentives in supporting its clean technology development and long-term innovation strategy.
The most recent analyst rating on (AU:ECT) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Environmental Clean Technologies Limited stock, see the AU:ECT Stock Forecast page.
More about Environmental Clean Technologies Limited
Environmental Clean Technologies Limited is an Australian company listed on the ASX that focuses on the research and development of a suite of proprietary clean technologies. The company’s activities qualify for government R&D support, underscoring its positioning in the innovation-intensive, environmentally focused technology sector.
Average Trading Volume: 478,958
Technical Sentiment Signal: Sell
Current Market Cap: A$68.65M
For an in-depth examination of ECT stock, go to TipRanks’ Overview page.