InvestSMART

First Graphene Limited (ASX:FGR)

ALERT: Price-sensitive ASX Announcement for FGR
Current share price for FGR : $0.058 -0.031 (-34.83%)+
Announcement
Release
30 Oct 2025 1:51PM
Price at Release
$0.089
Full Release
download
Summary
First Graphene Limited has achieved a record first quarter for its PureGRAPH® sales, with strong financial results reported for Q1 FY2026. The company launched a new waterproofing additive for the South African cement market and demonstrated significant efficiency improvements in graphene enhanced perovskite solar cells. A patent for graphene enhanced fire-resistant materials was filed, and a partnership with Vector Group is in progress. The company also initiated testing on graphene's use in hydrogen storage tanks and signed an MOU with Hazer Group to explore carbon material synergies. Despite minor delays in order completion, First Graphene maintained a low cash burn, highlighting their commitment to fiscal discipline.
Key Points
  • First Graphene Limited reported the strongest first quarter on record for PureGRAPH® sales.
  • A new waterproofing additive for cement and concrete was launched in the South African market.
  • Graphene enhanced perovskite solar cells showed over 30% efficiency improvement.
  • A patent was filed for graphene enhanced fire-resistant construction materials in partnership with Vector Group.
  • A Memorandum of Understanding was signed with Hazer Group for exploring carbon-based material synergies.
  • Testing for graphene use in novel hydrogen storage tanks began under the HyPStore project.
  • The company reported a combined income of approximately A$179,000 for Q1 FY2026.
  • Graphene sales mainly came from the composite and polymer segments.
  • First Graphene recorded a low cash burn for the quarter, emphasizing fiscal control.
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.