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Botala Energy Ltd.
(Sydney:BTE)
Botala Energy Ltd. (BTE) vs. iShares MSCI Australia ETF (EWA)
Botala Energy Ltd. Business Overview & Revenue Model
Botala Energy Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.57K | 12.57K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 12.57K | 12.57K | -37.20K | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.34M | -2.34M | -1.50M | -899.89K | 0.00 | 0.00 |
| Net Income | -2.84M | -2.84M | -2.01B | -1.37M | -1.10M | -96.50K |
Balance Sheet | ||||||
| Total Assets | 21.24M | 21.24M | 18.06M | 14.34M | 15.57M | 2.89M |
| Cash, Cash Equivalents and Short-Term Investments | 618.43K | 618.43K | 443.39K | 1.87M | 5.83M | 635.88K |
| Total Debt | 662.77K | 662.77K | 619.50K | 585.28K | 0.00 | 0.00 |
| Total Liabilities | 2.87M | 2.87M | 1.54M | 1.06M | 933.76K | 438.58K |
| Stockholders Equity | 18.50M | 18.50M | 16.59M | 13.28M | 14.64M | 2.45M |
Cash Flow | ||||||
| Free Cash Flow | -4.16M | -4.16M | -2.83M | -733.28K | 1.29M | -124.08K |
| Operating Cash Flow | -1.18M | -1.18M | -2.21M | -732.05K | -364.64K | -124.08K |
| Investing Cash Flow | -3.03M | -3.03M | -2.86M | -2.77M | 91.89K | -471.11K |
| Financing Cash Flow | 4.23M | 4.23M | 3.65M | -455.06K | 5.46M | 1.07M |
Botala Energy Ltd. Technical Analysis
Botala Energy Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$24.55M | 17.65 | 14.11% | ― | -11.85% | 6.25% | |
68 Neutral | AU$80.47M | 12.78 | 10.27% | 13.04% | 10.44% | -55.67% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
49 Neutral | AU$18.05M | -4.92 | -16.21% | ― | ― | 7.58% | |
45 Neutral | AU$20.09M | -5.70 | -38.32% | ― | 2.69% | -273.87% | |
42 Neutral | AU$11.53M | -2.56 | -47.12% | ― | ― | -15.24% | |
34 Underperform | AU$7.14M | -0.41 | -84.32% | ― | ― | 91.54% |
Botala Energy Ltd. Corporate Events
Botala Energy Ltd has disclosed a change in director Peter Grant’s indirect interests, held via Glenhurst Super Pty Ltd, following shareholder approvals at the company’s annual general meeting in late November 2025. Grant’s indirect holding increased through the issue of 508,475 fully paid ordinary shares for $30,000 and the grant of 1,000,000 additional unquoted options exercisable at $0.10 and expiring in December 2028, lifting his total indirect stake to 3,175,142 shares and 3,055,556 options across several maturities, signalling further alignment of the director’s interests with shareholders and the company’s long-term performance.
Botala Energy Ltd has reported a change in the interests of director Craig Basson, who holds his stake indirectly through entities Corpserv Pty Ltd and Bassfuture Pty Ltd. Following shareholder approval at the company’s November 2025 annual general meeting, Basson was issued 508,474 additional fully paid ordinary shares for $30,000 and 1,200,000 unquoted options exercisable at $0.10 each and expiring in December 2028, increasing his total shareholding and option exposure and further aligning his financial interests with those of other shareholders.
Botala Energy Ltd has disclosed a change in director Wolf‑Gerhard Martinick’s security holdings, reflecting his direct and indirect interests in the company’s ordinary shares and options. Following shareholder approval at the company’s November 26, 2025 AGM, Martinick was issued 16,101,695 fully paid ordinary shares for $950,000 and 1,500,000 new unquoted options exercisable at $0.10 and expiring in December 2028, lifting his direct shareholding to 80,478,947 shares and expanding his option package. The increased equity exposure underscores the director’s strengthened financial alignment with Botala Energy’s performance and signals continued board-level commitment to the company’s long‑term strategy, which may be viewed positively by investors monitoring insider ownership levels.
Botala Energy Ltd has issued 19.9 million new unlisted options under an employee incentive scheme, each exercisable at A$0.10 and expiring on 22 December 2028. The large grant of unquoted options is designed to align employee interests with shareholders and may lead to future equity dilution if exercised, providing additional capital for the company while reinforcing its use of equity-based remuneration to attract and retain key staff.
Botala Energy Ltd has issued 21,186,441 fully paid ordinary shares without a prospectus under provisions of the Corporations Act, and has confirmed its ongoing compliance with financial reporting and continuous disclosure obligations. The company also disclosed that it is in discussions with third parties over potential farm-in and offtake agreements, which remain subject to negotiation and binding documentation, signalling possible future strategic partnerships that could influence its project development and commercialisation, while cautioning investors not to assume these deals will necessarily proceed.
Botala Energy Ltd has applied to the ASX for quotation of additional ordinary fully paid shares, following a placement completed on 22 December 2025. The company will have 847,458 new shares quoted under ticker BTE, expanding its listed capital base and completing the administrative step of bringing the placement securities onto the market for trading.
Botala Energy Ltd has announced a proposed placement of up to 847,458 fully paid ordinary shares, with the issue date set for 22 December 2025. The capital raising, to be conducted via this share placement, will expand the company’s issued capital base and may provide additional funding flexibility for its ongoing activities and strategic initiatives, with implications for existing shareholders through potential dilution and for the company’s market positioning via strengthened balance sheet capacity.
Botala Energy has advanced Phase 1 of its Pitse proof-of-concept pilot at the Serowe CBM Project in Botswana, perforating and equipping the Serowe-3.5A well with a downhole pump to initiate controlled reservoir pressure drawdown and support multi-well interference testing for the project’s Bankable Feasibility Study. Together with ongoing testing at Serowe-3.1, dewatering at Serowe-3.4 and planned completion, stimulation and drilling activities across other pilot wells in early 2026, the program is generating critical reservoir, production and operational data to optimise well design, confirm gas deliverability and underpin a staged CBM‑to‑LNG development targeting up to 3.5 petajoules per year, with management highlighting that low-cost, disciplined well development is preserving capital and reducing risk for its longer-term LNG growth plans.
Botala Energy Ltd has applied to the ASX for quotation of 7,372,881 new fully paid ordinary shares under the code BTE, with an issue date of 18 December 2025. The additional quoted securities, issued pursuant to a previously announced transaction, will expand the company’s listed share base and may influence liquidity and ownership structure once trading in the new shares commences.
Botala Energy Ltd has applied to the ASX for quotation of 12,966,102 new ordinary fully paid shares under the code BTE, with an issue date of 18 December 2025. The move will increase the number of tradeable securities on issue, potentially broadening the company’s shareholder base and enhancing liquidity in its stock, following transactions that were previously flagged to the market.
Botala Energy Ltd has secured a significant investment increase from the Botswana Government’s Minerals Development Company Botswana (MDCB), which has proposed a 40% higher investment of approximately A$4 million in Botala’s subsidiary, Botala Gas (Pty) Ltd. This investment, which includes a 15% stake in the CBM project and a 1% royalty on future LNG production, will support the development of Botala’s Pitse Pilot, the first phase of a plan to produce 3.5 petajoules of LNG annually. The investment is expected to fast-track gas flow testing and fund a Bankable Feasibility Study, aligning interests with the Botswana Government and fostering local job creation and business opportunities.
Botala Energy Ltd announced that all resolutions presented at its Annual General Meeting were successfully passed by poll. These resolutions included the re-election of directors, approval of placement facilities, and ratification of share issues, which are expected to support the company’s strategic initiatives and operational growth.
Botala Energy Ltd. has released a document outlining its activities and the inherent risks associated with its petroleum exploration projects. The company emphasizes the high-risk nature of its operations and the uncertainty surrounding the discovery and economic exploitation of resources. Stakeholders are advised to conduct their own assessments and rely on personal investigations when considering investments, as the document does not constitute financial advice or a complete disclosure of all necessary information.
Botala Energy Ltd. is making significant strides in its Serowe CBM Project in Botswana, with successful dewatering of the Serowe-3.4A well and plans to replicate high-flow performance with Serowe-3.5B. The company has strong backing from shareholders and board members, securing $1.5 million for ongoing project development. Additionally, the Mineral Development Company of Botswana’s intention to acquire a 15% interest in the project signals robust government support, which is expected to bolster development funding and strengthen Botala’s long-term business foundations. These developments, along with active field expansion, position Botala Energy for success as it targets commercial gas flow rates in early 2026.
Botala Energy Ltd has issued 400,000 fully paid ordinary shares without disclosure to investors under the Corporations Act, complying with relevant legal provisions. The company is in ongoing negotiations for potential transactions, which could impact its market positioning, but advises caution as these discussions are not yet finalized.
Botala Energy Ltd announced the issuance of 400,000 ordinary fully paid shares as part of their Employee Share Incentive Plan (ESIP), approved in November 2022. These shares are being issued as compensation for services rendered under a recently signed service contract, reflecting the company’s commitment to rewarding its contributors and potentially enhancing its operational capabilities.
Botala Energy Ltd has announced its Annual General Meeting (AGM) for shareholders, scheduled to take place physically at the Subiaco Hotel in Western Australia on November 26, 2025. The company emphasizes the importance of the Notice of Meeting, which is available electronically, and encourages shareholders to vote online or via proxy to ensure their participation, even if they cannot attend in person.
Botala Energy Ltd announced the outcome of corrective actions following an inadvertent breach of ASX Listing Rule 10.11, involving a director’s spouse subscribing for shares. The company conducted an internal review, leading to recommendations for policy updates and procedural changes to prevent future breaches. The board has adopted a new Listing Rule 10.11 Compliance Policy and re-approved the Securities Trading Policy. Additionally, the company facilitated the off-market sale of shares involved in the breach to a non-related investor, ensuring no profit or loss.