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Hazer Group Ltd. ( (AU:HZR) ) has issued an update.
Hazer Group Ltd. reported a significant improvement in its financial performance for the year ending June 30, 2025, with revenues from ordinary activities increasing by 124% to $8.5 million, primarily due to grant income. The company’s loss after tax decreased by 60% to $7.6 million, attributed to reduced spending on construction and consulting, as well as a lack of impairment charges. The company’s operating expenses decreased by 17%, and it maintained a stable cash position with net assets slightly increasing to $13.7 million. The financial results reflect Hazer Group’s strategic focus on cost management and leveraging government support to advance its low-emission technology initiatives.
The most recent analyst rating on (AU:HZR) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.
More about Hazer Group Ltd.
Hazer Group Ltd. operates in the technology sector, focusing on innovative processes for hydrogen and graphite production. The company is known for its low-emission hydrogen and graphite production technology, which aims to address environmental concerns and support sustainable development.
Average Trading Volume: 338,842
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$91.62M
For a thorough assessment of HZR stock, go to TipRanks’ Stock Analysis page.