International Battery Metals Q4 FY26 net loss widens to $5.3 million; revenue rises to $63,000
ISHARES ENERGY STORAGE& MATERIALS ETF
ISHARES ENERGY STORAGE& MATERIALS ETF IBAT | 0.00 |
- International Battery Metals reported Q4 fiscal 2026 net loss of USD 5.3 million, reversing net income of USD 830,400 a year earlier.
- Operating loss narrowed to USD 3.4 million from USD 4.1 million, while revenue rose to USD 63,000 from a reversal of USD 11,000.
- For fiscal 2026, net income swung to USD 122,000 from a net loss of USD 3.52 million, despite revenue sliding to USD 164,000 from USD 871,000.
- CEO Joseph Mills cited brine tests showing 98% lithium recovery, 99+% contaminant rejection, and more than 1,200 cycles on a single column with no degradation.
- The company said it is in commercial discussions on deploying its existing modular DLE plant and raised USD 2 million in new equity financing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Battery Metals Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606171650ACCESSWRNAPR_____1178599) on June 17, 2026, and is solely responsible for the information contained therein.
