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Calix Limited (ASX:CXL)

ALERT: Price-sensitive ASX Announcement for CXL
Current share price for CXL : $0.230 -0.07 (-23.33%)+
Announcement
Release
26 Aug 2026 9:17AM
Price at Release
$0.300
Full Release
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Summary
Calix Limited presented its fiscal year 2026 results highlighting significant achievements in financial performance and technological advancements. The company achieved record revenues, bolstered by strong partnerships with global industry majors like Rio Tinto, Hydro, and Adani Group. Calix focused on a capital-light business model, prioritizing technology licensing and commercialization across multiple sectors including iron/steel, alumina, lithium, and cement/lime. The company's strategic partnerships and cost management led to a substantial reduction in operating expenses and capital expenditure. Calix's innovations in decarbonization and sustainable industrial processes contributed to its competitive edge in the global market.
Key Points
  • Record revenue of $36 million in FY26, up from $28.2 million in FY25.
  • Strategic partnerships with Rio Tinto, Hydro, and Adani Group.
  • Significant reduction in operating expenses to $30 million, down from $39.5 million in FY25.
  • Emphasis on capital-light model and technology licensing.
  • Advancements in decarbonization technologies for multiple industries.
  • Completion of Mid-Stream Lithium Demonstration Plant with commissioning underway.
  • Joint Development Agreement with Rio Tinto for Zesty H-DRI technology.
  • Hydro partnership for near-zero emissions alumina production.
  • Successful cost management leading to reduced capital expenditure.
  • Focus on sustainable technologies to achieve net-zero emissions.
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.