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Hazer Group Ltd.
(Sydney:HZR)
Hazer Group Ltd. (HZR) vs. S&P 500 (SPY)
Hazer Group Ltd. Business Overview & Revenue Model
Hazer Group Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.06M | 3.32M | 2.40M | 1.24M | 2.35M | 1.39M | Gross Profit |
| 4.06M | 3.32M | 2.29M | 1.16M | 2.30M | 1.34M | EBIT |
| -14.02M | -15.69M | -14.39M | -7.48M | -8.62M | -4.65M | EBITDA |
| -14.13M | -15.79M | -11.72M | -16.93M | -13.68M | -4.51M | Net Income Common Stockholders |
| -13.19M | -19.07M | -12.21M | -16.41M | -11.66M | -3.23M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 9.33M | 12.83M | 9.28M | 18.03M | 24.64M | 17.24M | Total Assets |
| 12.70M | 18.58M | 12.67M | 27.04M | 26.46M | 18.50M | Total Debt |
| 219.65K | 222.83K | 261.26K | 3.82M | 2.74M | 45.63K | Net Debt |
| -9.10M | -12.60M | -9.02M | -14.21M | -21.90M | -17.19M | Total Liabilities |
| 4.55M | 5.01M | 8.73M | 14.59M | 13.14M | 488.77K | Stockholders Equity |
| 8.15M | 13.57M | 3.94M | 12.45M | 13.32M | 18.01M |
| Cash Flow | Free Cash Flow | ||||
| -14.64M | -23.31M | -5.77M | -21.30M | -1.48M | -3.47M | Operating Cash Flow |
| -10.96M | -15.82M | -1.28M | -5.24M | 5.11M | -2.49M | Investing Cash Flow |
| -3.69M | -7.50M | -4.50M | -16.06M | -6.60M | -971.90K | Financing Cash Flow |
| 13.19M | 26.86M | -2.98M | 14.69M | 8.89M | 14.70M |
Hazer Group Ltd. Technical Analysis
Hazer Group Ltd. Peers Comparison
Hazer Group Ltd. Corporate Events
Hazer Group Ltd has entered a strategic alliance with KBR, a global leader in technology and engineering solutions, to accelerate the commercialization and licensing of its methane pyrolysis technology. This partnership is expected to significantly enhance Hazer’s market penetration and provide a clear pathway to commercial scale, unlocking new revenue streams in the ammonia and methanol markets. The alliance aims to secure multiple licensing deals within six years, leveraging KBR’s resources and market reach to fast-track the deployment of Hazer’s technology, thereby positioning the company as a leader in low-emissions hydrogen supply.
Hazer Group Limited has achieved a significant milestone under the Australian Renewable Energy Agency Funding Agreement, allowing for a $0.5 million drawdown. This milestone marks the completion of 12 months of operations at their Commercial Demonstration Plant, which has successfully operated for over 1250 hours, validating the reliability and commercial scalability of their process. This funding, along with a recent grant, enhances Hazer’s liquidity and supports its commercialisation strategy, with further funding expected between 2025 and 2026.
Hazer Group Ltd has achieved significant milestones in the first quarter of 2025, including the verification of the operational stability of its Hazer® Process by Lloyd’s Register, which confirms its commercial readiness. The company has also been awarded key patents in the United States and Japan, strengthening its intellectual property portfolio. With a strong cash position bolstered by non-dilutive funding and revenue, Hazer is well-positioned to advance its commercial reactor scale-up and capitalize on growing interest in its technology for clean hydrogen production. The successful completion of the Canada Project reactor test program and ongoing collaboration with global experts further enhance Hazer’s capability to deploy its technology at a large scale, reinforcing its competitive position in the market.
Hazer Group Ltd. has announced the quotation of 260,936 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 3, 2025. This move is part of an employee incentive scheme, which may enhance employee engagement and align interests with shareholders, potentially strengthening the company’s market position and operational capabilities.
Hazer Group Limited has achieved a significant milestone by securing the second key progress milestone under the Lower Carbon Grant – Gorgon Fund, resulting in a $2.2 million payment. This funding, part of a $6.2 million grant from the Western Australian Government, supports Hazer’s efforts to scale up its technology and enhance liquidity. The grant, funded by the Gorgon Joint Venture, underscores the company’s role in local decarbonisation initiatives and strengthens its market position.
Hazer Group Ltd has been granted a significant patent by the United States Patent and Trademark Office for its proprietary process of hydrogen and carbon production. This patent enhances Hazer’s intellectual property portfolio and solidifies its leadership in methane pyrolysis and decarbonisation technologies, particularly strengthening its position in the North American market. The approval of this patent is a strategic milestone for Hazer, reinforcing its competitive edge as it advances its commercialisation strategy in key global markets.
Hazer Group Limited announced a change in the director’s interest, specifically involving Tim Goldsmith, whose indirect interests in securities have been adjusted due to the expiry of HZRO Options. This change reflects the expiration of certain quoted options, impacting the director’s holdings but not altering the overall share and option structure held by related parties. The announcement is part of routine disclosures required under ASX listing rules, ensuring transparency in the company’s governance and director dealings.
Hazer Group Ltd has successfully completed a pilot rig testing program in Canada, marking a significant milestone in its collaboration with FortisBC Energy Inc. The tests validated the commercial scale-up reactor design, crucial for the FortisBC Canada project, and identified opportunities for process optimization. The site selection for the project is progressing, with several locations undergoing feasibility assessments. The project aims to secure hydrogen offtake arrangements for various applications, including sustainable aviation fuel and natural gas blending. The company is advancing towards finalizing the Front-End Engineering and Design study, a key step before FortisBC’s Final Investment Decision, expected in 2025.
Hazer Group Ltd. has announced the quotation of 3,750 ordinary fully paid securities on the ASX, effective February 26, 2025. This move is part of the company’s ongoing efforts to enhance its financial flexibility and strengthen its market presence, which could have positive implications for its stakeholders and industry positioning.
Hazer Group Ltd reported a strong start to FY25 with a 46% increase in revenue and a robust cash position. Key operational achievements include the early completion of the Commercial Demonstration Plant performance test and progress in the FortisBC Canada project, leading to the company’s first revenue from engineering services. The company also extended its strategic partnership with Mitsui for graphite marketing and secured patents in Europe and Japan, enhancing its intellectual property portfolio. These developments position Hazer well to capitalize on the growing demand for clean hydrogen and graphite, supported by a solid financial foundation and strategic partnerships.
Hazer Group Limited reported a 46% increase in revenues from ordinary activities, reaching $2,319,772 for the half-year ending December 31, 2024. The company’s loss from ordinary activities after tax decreased by 49% to $6,191,528 compared to the previous year. Despite the financial improvements, no dividends were declared during this period. This financial performance highlights Hazer Group’s ongoing journey towards reducing operational losses and strengthening its position within the clean energy sector.