Top Page
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 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.57K | 12.57K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -25.48K | 12.57K | -37.20K | 0.00 | 0.00 | 0.00 |
| EBITDA | -973.00K | -2.34M | -1.50M | -899.89K | 0.00 | 0.00 |
| Net Income | -1.48M | -2.84M | -2.01B | -1.37M | -1.10M | -96.50K |
Balance Sheet | ||||||
| Total Assets | 22.10M | 21.24M | 18.06M | 14.34M | 15.57M | 2.89M |
| Cash, Cash Equivalents and Short-Term Investments | 333.50K | 618.43K | 443.39K | 1.87M | 5.83M | 635.88K |
| Total Debt | 735.75K | 662.77K | 619.50K | 585.28K | 0.00 | 0.00 |
| Total Liabilities | 2.47M | 2.87M | 1.54M | 1.06M | 933.76K | 438.58K |
| Stockholders Equity | 19.78M | 18.50M | 16.59M | 13.28M | 14.64M | 2.45M |
Cash Flow | ||||||
| Free Cash Flow | -4.79M | -4.16M | -2.83M | -733.28K | 1.29M | -124.08K |
| Operating Cash Flow | -1.81M | -1.18M | -2.21M | -732.05K | -364.64K | -124.08K |
| Investing Cash Flow | -1.61M | -3.03M | -2.86M | -2.77M | 91.89K | -471.11K |
| Financing Cash Flow | 557.63K | 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$97.97M | 3.94 | 12.05% | 13.04% | 10.44% | -55.67% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
59 Neutral | AU$22.91M | 31.82 | 6.92% | ― | -11.85% | 6.25% | |
50 Neutral | AU$16.80M | 3.47 | -45.61% | ― | 2.69% | -273.87% | |
47 Neutral | AU$16.18M | -2.88 | -7.75% | ― | ― | 7.58% | |
44 Neutral | AU$7.91M | -0.61 | -108.64% | ― | ― | -15.24% | |
34 Underperform | AU$14.63M | 0.05 | -31.05% | ― | ― | 91.54% |
Botala Energy Ltd. Corporate Events
Botala Energy Ltd has issued 376,000 fully paid ordinary shares without a prospectus under the Corporations Act’s disclosure exemptions, and confirmed it remains compliant with its financial reporting and continuous disclosure obligations. The company also disclosed that it is in ongoing discussions with third parties regarding potential farm-in and offtake agreements, cautioning investors that these negotiations are not yet binding and may not result in completed transactions.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has applied for quotation on the ASX of 376,000 new ordinary fully paid shares, to be traded under its existing code BTE. The shares are being issued under the company’s ESIP, which was approved in late 2025, and will be allocated to staff and contractors based on their service contracts, further linking remuneration to company performance and expanding the company’s quoted share base.
The issue, dated 12 March 2026, modestly increases Botala Energy’s capital while reinforcing its use of equity-based incentives as part of its compensation framework. For investors, the move represents a small degree of dilution but signals continued reliance on share-based awards to attract and retain personnel, a common practice among ASX-listed resource and energy companies seeking to conserve cash and align long‑term incentives.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy has released its interim financial report for the half year ended 31 December 2025, outlining its condensed consolidated financial statements and operational review. The report details governance structures, including its executive and non-executive leadership, auditors, legal advisors, and key corporate service providers, offering stakeholders an overview of the company’s financial position and corporate framework for the period.
While specific financial metrics are not disclosed in the contents overview, the half-year report signals continued progression of Botala’s gas-focused strategy in Southern Africa. The structured disclosure reinforces the company’s compliance, transparency, and readiness to engage investors in both Australia and Botswana as it advances its energy operations in the region.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has announced that 2,000,000 fully paid ordinary shares currently subject to ASX voluntary escrow will be released on 19 March 2026. The shares are held by Pure Hydrogen Corporation Limited, and their release will increase the freely tradeable share base, potentially improving liquidity and providing greater flexibility for the holder and other market participants.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy has called a General Meeting of shareholders to be held as a physical event at its West Perth offices on 9 April 2026 at 11:00am AWST, opting not to use a virtual format. The company is distributing the Notice of Meeting and explanatory materials electronically via its website and the ASX announcements platform, with hard copies only for investors who have elected to receive printed documents.
Shareholders are being encouraged to lodge proxy votes online or by post or fax ahead of the meeting, with proxy instructions due by 7 April 2026 to be valid. The board is urging investors to submit directed proxies even if they plan to attend in person, underscoring the importance of securing quorum and participation in key decisions while maintaining compliance with Australian corporate governance requirements.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy has reported its strongest reservoir response yet at the Pitse Pilot after stimulating the Serowe-3.3 well in the Upper Morupule seam, with record formation pressure and water flow and visible free gas at surface. The results indicate a material improvement in permeability using relatively simple perforation and jetting techniques, giving the company greater confidence in the seam’s gas production potential.
A temporary wellhead has been installed to safely manage elevated pressures while the reservoir team conducts a step-rate test and subsequent controlled production evaluation, including gas flow testing, before full dewatering and flow-testing. Insights from Serowe-3.3 will guide optimisation of other pilot wells, including Serowe-3.2 and the central production well Serowe-3.5B, whose spud has been delayed by one week to strengthen the technical foundations of the broader development program.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has requested and been granted a trading halt on its securities by the ASX, with the halt to remain in place until either the release of a forthcoming company announcement or the commencement of normal trading on 4 February 2026. The company says the pause is needed to maintain an orderly market while it prepares details of a proposed capital raising, signaling a potential funding move that could affect its capital structure and be closely watched by existing and prospective investors.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has notified the market of the issue of 1,000,000 unquoted options under its employee incentive scheme, each exercisable at $0.10 and expiring on 22 December 2028. The issuance, which is not intended to be quoted on the ASX, underscores the company’s continued use of equity-based compensation to align staff incentives with shareholder value and support retention as it advances its corporate objectives.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has reported a change in director Craig Basson’s relevant interests, following the expiry of 500,000 unquoted options exercisable at $0.15 each that were due to expire on 31 December 2025. After this expiry, Basson, through entities Corpserv Pty Ltd and Bassfuture Pty Ltd (Basson Super Fund), continues to hold 6,568,331 fully paid ordinary shares and 3.21 million remaining unquoted options across different strike prices and maturities, reflecting an adjustment but not a material overhaul of his overall equity exposure in the company.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has disclosed a change in director Peter Desmond Grant’s indirect interests in the company’s securities, held through Glenhurst Super Pty Ltd. The notice records the expiry of 55,556 unquoted options exercisable at $0.15 each on 31 December 2025, leaving Grant’s indirect holding unchanged in ordinary shares but reduced in options, which slightly lowers his potential future equity exposure without affecting his current shareholding.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has disclosed a change in director Wolf‑Gerhard Martinick’s interests in the company’s securities, in line with ASX listing rule 3.19A.2. Martinick, who holds shares both directly and indirectly through Martinick Investments Pty Ltd, has allowed 13,888,888 unquoted options exercisable at $0.15 and expiring on 31 December 2025 to lapse, with no consideration received. Following the expiry of these options, his interests now comprise 80,478,947 fully paid ordinary shares and a total of 2.7 million unquoted options with later expiry dates, while his indirect holding through Martinick Investments remains at 3,080,000 shares, slightly reducing his potential future equity dilution but leaving his substantial shareholding in the company unchanged.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has confirmed the expiry of 41,535,552 listed options, which lapsed on 31 December 2025 without being exercised. The cessation of these options reduces the company’s potential future share dilution, simplifying its capital structure and clarifying the outstanding securities profile for current and prospective shareholders.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
Botala Energy Ltd has notified the market that 3,694,444 options with an exercise price of $0.135, expiring on 31 December 2025 under the ASX code BTEAJ, have lapsed unexercised. The expiry of these options slightly reduces the company’s potential future share dilution and clarifies its issued capital structure for investors, but does not immediately affect its current share count or day-to-day operations.
The most recent analyst rating on (AU:BTE) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Botala Energy Ltd. stock, see the AU:BTE Stock Forecast page.
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.