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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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 88.45K | 20.81K | 0.00 | 696.00 | 915.09K |
| Gross Profit | -311.25K | -326.96K | -328.89K | -229.93K | 893.50K |
| EBITDA | -20.15M | -13.33M | -5.65M | 2.76M | -1.55M |
| Net Income | -28.06M | -59.72M | -5.73M | 2.33M | -3.52M |
Balance Sheet | |||||
| Total Assets | 38.10M | 44.88M | 98.39M | 89.77M | 77.41M |
| Cash, Cash Equivalents and Short-Term Investments | 2.12M | 3.57M | 10.91M | 6.73M | 833.05K |
| Total Debt | 9.45M | 4.28M | 89.93K | 84.23K | 0.00 |
| Total Liabilities | 15.47M | 11.00M | 850.53K | 840.48K | 8.86M |
| Stockholders Equity | 28.98M | 35.99M | 97.61M | 88.93M | 68.56M |
Cash Flow | |||||
| Free Cash Flow | -27.67M | -15.49M | -7.44M | -8.91M | -12.60M |
| Operating Cash Flow | -11.41M | -8.28M | -4.82M | -3.70M | -2.54M |
| Investing Cash Flow | -13.66M | -2.15M | -4.33M | -6.79M | -10.07M |
| Financing Cash Flow | 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 |
|---|---|---|---|---|---|---|---|
62 Neutral | AU$63.79M | 18.50 | 6.01% | ― | 8.70% | 11.11% | |
62 Neutral | AU$68.60M | ― | -1.66% | ― | -25.16% | -157.23% | |
58 Neutral | AU$70.25M | ― | -20.25% | ― | ― | 23.46% | |
54 Neutral | AU$86.38M | ― | -182.18% | ― | ― | 45.43% | |
48 Neutral | AU$74.10M | ― | -52.53% | ― | ― | 76.88% | |
44 Neutral | AU$1.47B | -5.90 | -41.17% | 4.21% | -3.35% | -41.14% | |
| ― | AU$79.84M | 23.20 | -3.01% | ― | ― | ― |
Altech Chemicals Limited Corporate Events
Altech Chemicals Limited has announced successful testing of its CERENERGY battery cells, confirming their safety and operational robustness under extreme conditions. These tests, conducted by JV partner Fraunhofer IKTS, demonstrated the battery’s resilience to over-discharge, overcharge, and high temperatures without performance degradation. The CERENERGY technology, showcased at the Hannover Messe 2025, has attracted significant attention from industry leaders and investors. Additionally, the Silumina Anodes Project has achieved a 50% capacity increase through optimized silicon content, with a pilot plant in Germany now operational and ready for customer testing.
Altech Batteries Limited has announced significant progress in securing funding for its CERENERGY® battery project in Saxony, Germany. The company is in advanced discussions with a large European bank for debt financing, with technical due diligence nearing completion. Concurrently, Altech is seeking a strategic partner to acquire a 49% equity stake, aiming to attract investors who can provide both capital and strategic value. The company has also applied for various grants from the State of Saxony, the German Federal Government, and the European Union to support its renewable energy initiatives. Additionally, Altech has secured Offtake Letters of Intent for 100% of its production for the first five years, ensuring a strong market presence and financial stability for the project.
Altech Batteries Limited has announced a General Meeting for shareholders to approve the issuance of securities to Altech Advanced Materials AG and the acquisition of a relevant interest in shares. This acquisition involves a 25% share in both Altech Energy Holdings GmbH and Altech Industries Germany GmbH, along with associated loan rights, which will result in Altech Advanced Materials AG holding 21% of Altech’s issued share capital. The acquisition will increase Altech’s interest in the CERENERGY Project to 75.05% and give it full ownership of the Silumina Anodes Project, potentially strengthening its position in the battery materials market.
Altech Batteries Limited has announced a General Meeting to be held on August 14, 2025, in Subiaco, Western Australia. The meeting will address two key resolutions: the issuance of securities to Altech Advanced Materials AG (AAM) and the acquisition of a relevant interest in shares by the company. The Independent Expert’s Report has deemed these transactions as not fair but reasonable to non-associated shareholders. Despite this, the board recommends voting in favor of both resolutions, with certain board members abstaining due to conflicts of interest.
Altech Batteries Ltd has announced a change in the director’s interest notice related to Ignatius Tan. The change involves the expiration of 5,000,000 unvested performance rights, reducing the total performance rights held by the director to 10,000,000, while the number of fully paid ordinary shares remains unchanged at 7,940,000.
Altech Batteries Ltd announced the cessation of Luke Atkins as a director effective June 30, 2025. The notice details Atkins’ relevant interests in securities, including 3,867,473 fully paid ordinary shares as a registered holder, and additional interests through Australian Mineral Investment Group Pty Ltd and The Atkins Super Fund, totaling over 7.5 million shares and 153,846 options. This change in directorship could impact the company’s governance and strategic direction, potentially influencing stakeholder confidence and market perception.
Altech Batteries Limited announced the retirement of its founding Chairman, Mr. Luke Atkins, effective 30 June 2025. Under his leadership, the company evolved into a prominent player in the energy storage sector. Mr. Dan Tenardi, a current Non-Executive Director, will assume the role of Chairman, guiding the company through its next phase of growth and innovation.
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.