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Provaris Energy Ltd
(Sydney:PV1)
Provaris Energy Ltd (PV1) vs. iShares MSCI Australia ETF (EWA)
Provaris Energy Ltd Business Overview & Revenue Model
Provaris Energy Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 684.99K | 684.99K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | ― | 684.99K | -2.31M | -208.27K | -415.86K | -478.51K |
| EBITDA | -1.67M | -1.67M | -6.47M | -7.61M | -6.39M | -2.85M |
| Net Income | -2.52M | -2.52M | -6.13M | -12.41M | -6.76M | -3.09M |
Balance Sheet | ||||||
| Total Assets | 735.96K | 735.96K | 1.23M | 5.23M | 17.35M | 12.47M |
| Cash, Cash Equivalents and Short-Term Investments | 550.05K | 550.05K | 953.13K | 5.07M | 11.62M | 6.56M |
| Total Debt | 198.20K | 198.20K | 286.80K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 792.81K | 792.81K | 998.73K | 896.94K | 832.98K | 219.44K |
| Stockholders Equity | -56.84K | -56.84K | 228.56K | 4.33M | 16.51M | 12.25M |
Cash Flow | ||||||
| Free Cash Flow | -2.38M | -2.38M | -6.35M | -6.56M | -4.81M | -2.56M |
| Operating Cash Flow | -2.38M | -2.38M | -6.35M | -6.56M | -4.81M | -2.56M |
| Investing Cash Flow | -10.02K | -10.02K | -209.20K | 6.54M | 0.00 | 3.50K |
| Financing Cash Flow | 1.98M | 1.98M | 2.21M | 10.00 | 9.82M | 6.02M |
Provaris Energy Ltd Technical Analysis
Provaris Energy Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | AU$4.11M | ― | -9.49% | ― | -16.79% | -205.26% | |
49 Neutral | AU$5.64M | ― | -4.05% | ― | 12.37% | 66.67% | |
46 Neutral | AU$8.14M | -4.86 | -16.03% | ― | -47.23% | -2.78% | |
44 Neutral | AU$6.60M | ― | ― | ― | ― | ― | |
42 Neutral | AU$10.77M | -3.24 | -2835.53% | ― | ― | 65.74% |
Provaris Energy Ltd Corporate Events
Provaris Energy’s December 2025 quarter saw meaningful progress across its hydrogen and LCO2 shipping programs, highlighted by a deepening strategic partnership with Japanese shipping major “K” Line, the extension of Nordic hydrogen collaboration agreements, and advancement of its Norwegian Robotics and Innovation Centre. “K” Line executives visited Provaris’ Norwegian facilities as both parties refined commercial models, financing and ownership structures for H2Neo compressed hydrogen carriers, while extended agreements with Norwegian Hydrogen and Uniper support ongoing work on the FjordH2 export project and emerging offtake frameworks in Germany and Northern Europe. The company resumed fabrication of its hydrogen prototype tank in Fiskå, a key step towards marine class approvals and full technical readiness for compressed hydrogen shipping by 2026, and it maintained schedule on front-end engineering and design for a 25,000 cbm low-pressure LCO2 tank for Yinson’s Havstjerne CCS project, alongside joint venture structuring and discussions with Asian fabricators and LCO2 carrier owners, reinforcing Provaris’ positioning as a technology enabler for next-generation energy shipping and storage solutions.
The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has appointed Stantons International Audit and Consulting Pty Ltd as its new auditor, effective 14 January 2026, following approval from the Australian Securities & Investment Commission and the receipt of a consent to act from Stantons and a resignation letter from outgoing auditor Ernst & Young. The board initiated the review of external audit services to secure more market-competitive fees while retaining a high level of audit expertise, with shareholders set to vote on ratifying the appointment at the 2026 annual general meeting, signalling a cost-conscious but continuity-focused shift in the company’s governance arrangements.
The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.
Provaris Energy has issued 29,230,769 new fully paid ordinary shares to institutional, sophisticated and professional investors at A$0.013 per share under a placement announced on 18 December 2025, and has notified the ASX that these shares were issued without a prospectus under the Corporations Act’s cleansing provisions. The company confirmed it is compliant with its continuous disclosure and reporting obligations and stated there is no excluded information required to be disclosed, a step that facilitates secondary trading of the new shares and underscores its intention to maintain regulatory transparency as it pursues its hydrogen and CO2 infrastructure strategy.
Provaris Energy Ltd has announced plans to issue new securities, including 19,230,769 unlisted options and 38,461,538 fully paid ordinary shares, as part of a placement or other type of securities issue. This proposed issuance underscores the company’s strategy to bolster its financial resources, likely aimed at advancing its operations or projects, and could have significant implications for its standing in the renewable energy sector, offering potential growth opportunities for stakeholders.
Provaris Energy Ltd successfully secured $500,000 in funding through a share placement to professional investors, underscoring confidence in its strategic roadmap. The funds will be allocated to advance its hydrogen and CO₂ tank prototypes, which are crucial for developing cost-effective and scalable storage and shipping solutions, strengthening its market positioning during the energy transition.
Provaris Energy Ltd has released a presentation summarizing its operations and results, aimed at existing or potential investors. The presentation highlights the company’s focus on hydrogen and carbon dioxide solutions, emphasizing the challenges and variables that could impact their projections, such as price fluctuations and regulatory developments. The announcement underscores the company’s commitment to transparency and caution in its forward-looking statements, while also noting that the presentation is not a disclosure document or an investment recommendation.
Provaris Energy Ltd has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. This move is expected to impact trading until the company releases further details or until normal trading resumes on December 18, 2025. The trading halt is part of the company’s strategic financial planning, potentially affecting stakeholders and market dynamics.
Provaris Energy Ltd has completed the commissioning of its robotic cell in Norway, marking a significant step forward in the fabrication of its H2 Prototype Tank. This development, showcased to strategic partners including ‘K’ Line and Yinson Production, highlights Provaris’ innovative approach to using robotics for precision fabrication, which is expected to enhance its market position in hydrogen and CO2 transport. The company’s collaboration with ‘K’ Line aims to advance the commercialisation of hydrogen carriers, while the CO2 FEED program seeks to apply learnings from the H2 prototype to develop large-scale CO2 storage and transport solutions.
Provaris Energy Ltd has issued four million fully paid ordinary shares to a director under its Employee Share Plan, as approved by shareholders at the recent Annual General Meeting. This issuance, conducted without disclosure to investors under Part 6D.2 of the Corporations Act, reflects the company’s compliance with relevant legal provisions and its ongoing commitment to enhancing its operational framework. The move is part of Provaris’ strategic efforts to strengthen its position in the energy sector by leveraging its innovative storage and transport solutions.
Provaris Energy Ltd announced changes in the directors’ interests in the company’s securities following shareholder approval at the Annual General Meeting. The changes involve the acquisition of additional shares by directors, which could impact the company’s governance and investor confidence. This development reflects the company’s ongoing commitment to transparency and alignment of interests between its leadership and stakeholders.
Provaris Energy Ltd has announced the issuance of 15 million unquoted performance rights as part of a transaction previously disclosed to the market. This move is part of their strategic initiatives to enhance operational capabilities and align with their growth objectives, potentially impacting their market positioning and stakeholder interests.
Provaris Energy Ltd has announced the quotation of 4,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code PV1. This move is part of a previously announced transaction, potentially strengthening the company’s capital base and enhancing its financial flexibility to pursue strategic initiatives in the renewable energy sector.
Provaris Energy Ltd held its Annual General Meeting where all resolutions were decided by a poll, reflecting the recommendations of the Directors. The outcomes of the meeting are expected to align with the company’s strategic objectives, potentially impacting its operational efficiency and stakeholder engagement positively.
Provaris Energy Ltd has had a transformative year, marked by strategic advancements and partnerships that solidify its position in the global energy transition. The company has focused on Europe, signing a significant agreement for hydrogen supply and shipping, and is expanding its presence in the CO2 sector through a joint venture with Yinson. Provaris has also refined its business model to a licensing and technology-led platform, reducing capital requirements and enabling faster market entry. A strategic partnership with Japan’s ‘K’ LINE further validates its hydrogen shipping model, while a collaboration with Yinson supports innovation in CO2 logistics. Financial discipline and strategic capital management have been key, with successful capital raisings and non-dilutive project funding supporting operations.
Provaris Energy Ltd has announced a change in the director’s interest, with Martin Carolan acquiring an additional 167,136 fully paid ordinary shares, increasing his total holdings to 26,000,000 shares. This acquisition reflects a strategic move by the director, potentially strengthening his influence in the company and indicating confidence in Provaris Energy’s future prospects.
Provaris Energy Ltd has made significant strides in advancing its hydrogen and CO2 shipping solutions. The company has established a strategic partnership with Kawasaki Kisen Kaisha to commercialize its hydrogen carriers and barges, with technical and commercial meetings planned to refine shipping models for European projects. Additionally, Provaris has set up an Innovation Centre in Norway for robotic fabrication of hydrogen and CO2 tanks, marking a pivotal step towards commercializing its designs. The company is also collaborating with Baker Hughes to enhance marine transport solutions and has entered the FEED stage for CO2 tank development with Yinson, aiming to meet the growing demand for CO2 carriers in Europe.