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Titomic Limited (ASX:TTT)

ALERT: Price-sensitive ASX Announcement for TTT
Current share price for TTT : $0.203 -0.048 (-19%)+
Announcement
Release
31 Oct 2025 8:13AM
Price at Release
$0.250
Full Release
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Summary
Titomic Limited's Quarterly Activities and Appendix 4C Cash Flow Report for Q1 FY2026 highlights significant advancements in their global operations, including the launch of a new facility in Heerenveen, Netherlands, and the establishment of Titomic UK Limited. The company completed a successful A$50 million placement to support further expansion and formed strategic partnerships, including a five-year agreement with Amaero for advanced metal powders. Financially, Titomic reported AUD 1.3 million in customer receipts, AUD 7.3 million net cash used in operations, AUD 5.0 million in investing activities, and AUD 50.6 million provided by financing, closing the quarter with AUD 46.8 million in cash. Leadership appointments were made to strengthen global and regional growth across key sectors. The company also focused on progressing key technology programs and maintained active engagement with U.S. and allied government funding tracks.
Key Points
  • Launch of new manufacturing facility in Heerenveen, Netherlands.
  • Establishment of Titomic UK Limited.
  • Completion of A$50 million share placement.
  • Strategic partnerships with Amaero and Evology.
  • Financial results: AUD 1.3 million in customer receipts, net cash used in operations AUD 7.3 million.
  • End of quarter cash balance of AUD 46.8 million.
  • Leadership appointments to drive regional and global growth.
  • Progression of key technology programs with major aerospace and defense companies.
  • Active engagement with U.S. and allied government funding programs.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.