ABAT Q4 revenue $2.8M (+183% QoQ); FY rev $4.3M (+1,149% YoY); cash $25.4M post-quarter

AMERICAN BATTERY TECHNOLOGY Co

Q4 FY2025 revenue $2.8M, up 183% from $1.0M in Q3; full year $4.3M, up 1,149% from $0.3M.
Cash cost of goods sold rose 70% in Q4 ($3.9M) vs 183% revenue growth, improving operational leverage.
Total operating expenses for FY2025 decreased 30% to $31.4M from $44.8M despite scaling operations.
Cash and restricted cash $12.5M at June 30, 2025; improved to $25.4M as of Sept 15, 2025.
Received $144M DOE grant for second recycling facility and $900M EXIM bank LOI for Tonopah Flats Lithium Project.

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