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
Phoslock Environmental Technologies Limited ( (AU:PET) ) has issued an update.
Phoslock Environmental Technologies reported a solid improvement in its financial performance for the December 2025 quarter, with a cash position of $5.2 million and a cashflow surplus from operating activities of about $128,000, reversing prior quarterly deficits and reducing full-year operating cash outflows to $2.4 million from $3.3 million in 2024. Quarterly sales receipts rose to $1.095 million, the highest since late 2023, driven mainly by the USA, Brazil and Europe, while full-year sales volumes surged to 1,200 tonnes from 227 tonnes a year earlier, supported by strong contributions from Brazil and resumed production at its Chinese factory, which is ramping up toward 12 tonnes per day. The company continues to manage legacy legal issues, including an ongoing shareholder class action, and is advancing R&D on a new lanthanum-based product, although some technical issues must be resolved before field trials; management expects sales volumes to increase significantly in 2026, particularly on the back of anticipated large European lake treatment projects later in the year.
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 operates in the environmental remediation sector, focusing on water treatment solutions aimed at controlling phosphorus and improving water quality in lakes and other water bodies. The company’s products and services are sold globally, with key markets in Brazil, the United States and Europe, and it maintains production and R&D operations in China to support growing international demand.
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.