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Environmental Clean Technologies Limited (ASX:ECT)

ALERT: Price-sensitive ASX Announcement for ECT
Current share price for ECT : $0.120 -0.01 (-7.69%)+
Release
30 Apr 2026 4:14PM
Price at Release
$0.130
Full Release
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Summary
Environmental Clean Technologies Limited (ECT) reported a net cash outflow of $380,000 for the quarter ending 31 March 2026, with cash and cash equivalents amounting to $2,569,000 at the end of the period. The company received a $556,698 R&D Tax Incentive rebate and undertook strategic initiatives to advance commercialization of their PFAS destruction technology. ECT expanded its agreement with Rice University to apply Flash Joule Heating for PFAS-contaminated adsorbents and focused on developing its REM system to address PFAS contamination. No financing facilities were used during the quarter, and payments to related parties totaled $47,000 primarily for Director’s fees. ECT is positioned to tackle PFAS contamination in both soil and water environments.
Key Points
  • Environmental Clean Technologies Limited (ECT) reported a net cash outflow of $380,000 for the quarter ending 31 March 2026.
  • The company received a $556,698 R&D Tax Incentive rebate.
  • ECT undertook strategic work to ensure rapid commercialization of its PFAS destruction technology.
  • The company expanded its agreement with Rice University to include Flash Joule Heating (FJH) for PFAS-contaminated adsorbents.
  • ECT is focused on developing its Rapid Electrothermal Mineralisation (REM) system to address PFAS contamination.
  • Cash and cash equivalents at the end of the quarter were $2,569,000.
  • The company did not utilize any financing facilities during the quarter.
  • Payments to related parties totaled $47,000, primarily for Director’s fees.
  • The company is strategically positioned to address PFAS contamination in soil and water environments.
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.