Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Phoslock Environmental Technologies Limited ( (AU:PET) ).
Phoslock Environmental Technologies has corrected an error in its December 2025 quarterly Appendix 4C, revising the previously reported 40 quarters of funding availability to N/A due to a positive cash inflow, and has formally redacted a prior outlook statement on expected 2026 sales, stating it is not currently in a position to justify those projections. The company reported a December-quarter operating cashflow surplus of about $128,000 versus large prior deficits, supported by its strongest sales receipts since late 2023 and sharply reduced legal-related outflows, bringing 2025 operating cash outflows down to $2.4 million from $3.3 million in 2024 amid rising sales volumes and resumed factory operations in China, while it continues to address a shareholder class action and pursue R&D on an improved lanthanum-based product.
The most recent analyst rating on (AU:PET) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Phoslock Environmental Technologies Limited stock, see the AU:PET Stock Forecast page.
More about Phoslock Environmental Technologies Limited
Phoslock Environmental Technologies Limited is an ASX-listed company operating in the environmental remediation sector, focused on water quality improvement. Its primary product is Phoslock, a phosphorus-binding agent used to treat lakes and other water bodies, with key sales markets in Brazil, the USA and Europe, supported by manufacturing operations in China and ongoing R&D into lanthanum-based treatment products.
Average Trading Volume: 13,699,187
Technical Sentiment Signal: Sell
Current Market Cap: A$8.74M
Find detailed analytics on PET stock on TipRanks’ Stock Analysis page.