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Altech Chemicals Limited
(Sydney:ATC)
Altech Chemicals Limited (ATC) vs. iShares MSCI Australia ETF (EWA)
Altech Chemicals Limited Business Overview & Revenue Model
Altech Chemicals Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 303.24K | 88.45K | 20.81K | 0.00 | 696.00 | 915.09K | Gross Profit |
| 100.24K | -311.25K | -326.96K | -328.89K | -229.93K | 893.50K | EBIT |
| -12.40M | -15.94M | -13.55M | -6.08M | -4.02M | -2.91M | EBITDA |
| -16.82M | -20.15M | -13.33M | -5.65M | 2.76M | -1.55M | Net Income Common Stockholders |
| -18.56M | -28.06M | -59.72M | -5.73M | 2.33M | -3.52M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 7.20M | 2.12M | 3.57M | 10.91M | 6.73M | 833.05K | Total Assets |
| 41.74M | 38.10M | 44.88M | 98.39M | 89.77M | 77.41M | Total Debt |
| 11.09M | 9.45M | 4.28M | 89.93K | 84.23K | 0.00 | Net Debt |
| 3.89M | 7.33M | 707.29K | -10.82M | -6.64M | -833.05K | Total Liabilities |
| 15.33M | 15.47M | 11.00M | 850.53K | 840.48K | 8.86M | Stockholders Equity |
| 35.41M | 28.98M | 35.99M | 97.61M | 88.93M | 68.56M |
| Cash Flow | Free Cash Flow | ||||
| -17.21M | -27.67M | -15.49M | -7.44M | -8.91M | -12.60M | Operating Cash Flow |
| -7.57M | -11.41M | -8.28M | -4.82M | -3.70M | -2.54M | Investing Cash Flow |
| -13.16M | -13.66M | -2.15M | -4.33M | -6.79M | -10.07M | Financing Cash Flow |
| 18.53M | 23.63M | 3.08M | 13.35M | 16.38M | 5.17M |
Altech Chemicals Limited Technical Analysis
Altech Chemicals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.14 | -21.36% | 3.64% | 2.88% | -30.57% | |
41 Neutral | AU$78.11M | ― | -52.53% | ― | ― | 76.88% | |
| $127.49M | ― | -17.81% | ― | ― | ― | ||
| $183.57M | ― | -4.75% | ― | ― | ― | ||
| €891.56M | ― | -6.32% | ― | ― | ― | ||
| $136.72M | ― | -19.11% | ― | ― | ― | ||
| AU$929.36M | ― | -13.59% | ― | ― | ― |
Altech Chemicals Limited Corporate Events
Altech Batteries Limited has engaged DNV, a leading energy storage technical advisor, to conduct an independent comparison study of its CERENERGY® technology against other battery technologies. The study, part of Altech’s funding strategy and due diligence plan, highlights CERENERGY® as a promising emerging technology with potential improvements in energy density, performance, and cost efficiency expected in the future.
Altech Batteries Limited has announced a significant breakthrough in battery longevity with its CERENERGY® sodium-nickel-chloride technology. A 28-year-old Zebra battery, based on similar chemistry, was tested and found to perform as if new, demonstrating no degradation after decades of dormancy. This remarkable shelf-life is attributed to the battery’s unique solid-state design, making it ideal for long-term storage applications such as defense. The technology’s ability to remain inert and stable over time sets it apart from conventional lithium-ion batteries, offering a strategic advantage in reliability and long-term stability.
Altech Batteries Limited announced that all resolutions proposed at its General Meeting on May 13, 2025, were approved by shareholders. This outcome supports the company’s strategic initiatives, including the approval for the grant of security interest to Deutsche Balaon AG and the ratification of prior issues of securities and options, which may enhance its financial and operational capabilities.
Altech Batteries Limited has announced a significant advancement in its Silumina Anodes project, which integrates high-capacity silicon into lithium-ion batteries to achieve a 30% higher energy output and improved battery life. The company has overcome key challenges such as silicon particle swelling and capacity loss by developing a proprietary method of spherising coated silicon particles, which are then distributed within graphite voids to minimize electrode damage. The successful operation of its pilot plant in Germany marks a crucial step towards commercialisation, with high-quality coated silicon particles now ready for customer testing.
Altech Batteries Limited has announced a General Meeting for shareholders to approve a security arrangement involving the company’s land in Johor, Malaysia. This move is part of a strategic effort to secure funding for ongoing projects and working capital needs without diluting equity. The company has entered into a binding bond note subscription deed with its major shareholder, Deutsche Balaton AG, to access up to €2.5 million through interest-bearing Bearer Bonds. The land sale proceeds will be used to repay this facility, which allows Altech to continue its development projects while maintaining shareholder value.
Altech Batteries Limited is holding a general meeting to seek shareholder approval for several resolutions, including the grant of a security interest to Deutsche Balaton AG, which would allow the company to access €2.5 million in funding. The Independent Expert’s Report has deemed this transaction fair and reasonable for non-associated shareholders, emphasizing its importance for the company’s financial strategy.
Altech Batteries Limited showcased its CERENERGY® battery technology at the Hannover Messe 2025, a leading international industrial trade fair. The event provided significant exposure to industry leaders, potential partners, and investors, aligning with Altech’s strategy to accelerate the commercialization of its technology. The positive reception at the fair underscores the global demand for advanced battery solutions that reduce reliance on critical raw materials. This aligns with Europe’s focus on energy independence amid geopolitical uncertainties, positioning Altech favorably in the market.
Altech Batteries Limited has announced successful results from stress-testing their CERENERGY® battery cells, confirming their safety and operational robustness under extreme conditions. The tests, conducted by JV partner Fraunhofer IKTS, demonstrated the cells’ resilience to over-discharge, overcharge, high C-rates, and extreme temperatures, indicating strong potential for various applications and reinforcing the technology’s durability and reliability.
Altech Batteries Ltd has announced the quotation of 10,049 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of March 26, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders through the exercise of options and conversion of convertible securities.
Altech Batteries Limited has secured a funding agreement with major shareholder Deutsche Balaton AG, allowing it to draw up to €2.5 million through Bearer Bonds. This funding, secured by Altech’s Malaysian land, will support the company’s battery projects and general working capital without diluting shareholder equity. The repayment of these bonds is expected to be facilitated by the sale of the company’s Malaysian land, with shareholder approval anticipated in a meeting scheduled for late April 2025.
Altech Batteries Limited has received environmental and construction approval for its 120 MWh CERENERGY® GridPack production facility in Saxony, Germany. This approval allows the company to proceed with site clearing and construction, contingent on securing project financing. The approval is a significant milestone, providing financial institutions with increased confidence and positioning Altech to advance its project without delays, thereby strengthening its market position in the energy storage sector.
Altech Batteries Ltd has released its interim financial report for the half-year ended 31 December 2024. The report includes various financial statements and declarations, providing a comprehensive overview of the company’s financial performance and position. This release is crucial for stakeholders as it offers insights into Altech’s operational efficiency and financial health, which could impact its market positioning and future strategic decisions.