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Janus Electric Widens Half-Year Loss Despite Revenue Growth and Asset Utilisation Gains

Story Highlights
  • Janus Electric grew half-year revenue 33% to $1.24 million, driven by more conversions and higher utilisation of battery hire and energy services.
  • The company’s net loss increased 46% to $4.93 million and underlying EBITDA deteriorated, while auditors flagged material uncertainty over going concern.
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Janus Electric Widens Half-Year Loss Despite Revenue Growth and Asset Utilisation Gains

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ReNu Energy Limited ( (AU:JNS) ) has provided an announcement.

Janus Electric Holdings Limited reported a 33% rise in revenue to $1.24 million for the half-year to 31 December 2025, driven mainly by increased conversions, a growing pipeline, and stronger customer usage of existing assets. Battery hire charges reached $287,452 and energy consumption revenue $151,233, underscoring growing traction in its deployed electrification infrastructure.

Despite the top-line improvement, the company’s net loss widened 46% to $4.93 million as higher employee and administrative costs weighed on earnings, with underlying EBITDA declining to a loss of $4.24 million. Net tangible assets per share improved sharply to 0.69 cents from negative 57.84 cents, but the accounts were reviewed with an emphasis on material uncertainty over going concern, highlighting ongoing financial pressure and execution risk for investors and other stakeholders.

More about ReNu Energy Limited

Janus Electric Holdings Limited operates in the clean transport and energy solutions sector, focusing on electric vehicle conversions and related battery and energy services. The company generates revenue from conversion projects, battery hire charges, and energy consumption, targeting growth through an expanding organic pipeline and increased utilisation of previously deployed assets.

YTD Price Performance: 118.18%

Average Trading Volume: 535,492

Technical Sentiment Signal: Sell

Current Market Cap: A$14.04M

See more data about JNS stock on TipRanks’ Stock Analysis page.

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