American Battery Technology Company Announces First Quarter FY27 Financial Results Including 83% Year-Over-Year Revenue Growth
Key Highlights
- ➤Revenue $1.7 million, up 83% year-over-year in Q1 FY27
- ➤Net loss $14.6 million, versus $10.3 million a year earlier
- ➤Export license permits up to $100 million in recycled black mass sales
- ➤Cash $43.4 million, with zero debt reported
- ➤BLM accepted Tonopah Flats Lithium Project’s mine and refinery Plan of Operations
Expert Statements
Ryan Melsert, CEO of American Battery Technology Company
“We are excited to have been issued this license and to now be selling the black mass produced within Q1 FY27 along with the black mass we are currently producing and are grateful to our multiple stakeholders and champions who supported us during this process”
* $100 million license awarded from U.S. Department of Commerce for sale and export of recycled black mass product * Major milestone achieved with federal permitting for ABTC’s Tonopah Flats Lithium Project, one of the largest identified critical mineral lithium projects in the U.S. * Company demonstrates strong cash position along with zero debt RENO, Nev., Nov. 13, 2026 (GLOBE NEWSWIRE) -- American Battery Technology Company (NASDAQ: ABAT), an integrated domestic critical mineral manufacturing company that is commercializing its internally-developed technologies for both primary critical mineral manufacturing and secondary critical mineral recycling, released the financial results for its first quarter of fiscal year 2027 ended on September 30, 2026.
Financial Highlights, First Quarter of FY27: * $1.7 million in Revenue, an 83% increase from the same quarter the previous year * An additional $0.4 million recorded as interest income for the quarter * Substantial increase in finished goods inventory, from the continued commercial scale operations of recycling facility but with the accumulation of product due to temporary federal export ban
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