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H2G Limited (ASX:H2G)

ALERT: Price-sensitive ASX Announcement for H2G
Current share price for H2G : $0.008 -0.001 (-11.11%)+
Announcement
Release
26 Feb 2026 6:29PM
Price at Release
$0.009
Full Release
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Summary
Greenhy2 Limited reported a net loss of $974,347 for the year ended 31 December 2025, which marks a 16% improvement over the previous year's loss. The company saw a substantial increase in revenue primarily attributed to government grants, aiding in its technological expansion towards PowerSafe Sodium Ion Batteries, Supercapacitors, and PowerSafe LFP Batteries. This shift in focus from hydrogen to sodium-ion technology aligns with the company's strategic goals. The company is enhancing its distribution and installation network while pursuing partnerships like the one with Skeleton Technologies to offer advanced energy storage solutions. Despite a reduction in cash reserves by 36%, a successful capital raising post-year-end bolstered its financial position, reinforcing its strategy to become a leader in Australia’s shift towards sustainable energy solutions.
Key Points
  • Net loss after tax for the year was $974,347, a 16% improvement from the previous year.
  • Revenue increased significantly due to government grants, supporting research and development.
  • Expansion into PowerSafe Sodium Ion Batteries, Supercapacitors, and LFP Batteries.
  • H2G's primary focus shifted from Hydrogen to Sodium Ion Battery technology.
  • Major technological developments include sodium-ion batteries and supercapacitors aimed at industrial and residential markets.
  • The company is working on securing distribution channels and installation capabilities.
  • Strategic MOU with Skeleton Technologies for advanced energy storage solutions.
  • Cash flow challenges with a decrease in cash on hand by 36% compared to last year.
  • Successful capital raising post-period to increase cash reserves.
  • GreenHy2 Limited aims to lead in Australia’s transition to sustainable energy storage.
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.