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H2G Limited (ASX:H2G)

ALERT: Price-sensitive ASX Announcement for H2G
Current share price for H2G : $0.009 -0.002 (-18.18%)+
Release
30 Apr 2026 9:46AM
Price at Release
$0.011
Full Release
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Summary
GreenHy2 Limited reported its quarterly cash flow and activities for the period ending 31 March 2026, demonstrating a focus on sustainable energy storage through products like Sodium-Ion Batteries and SuperBattery systems. The company emphasized its strategic growth through partnerships, such as with Skeleton Technologies, to enhance its offerings in the Australian market. Financially, the company reported a net cash usage of $420,000 in operating activities, with receipts from customers amounting to $20,000. They raised $702,000 through equity securities, ending the quarter with $894,000 in cash and equivalents, and are positioned to lead in sustainable energy solutions, supported by ongoing product development and strategic partnerships.
Key Points
  • GreenHy2 Limited's quarterly report for the quarter ended 31 March 2026.
  • Net cash used in operating activities was $420,000 for the quarter.
  • Receipts from customers totaled $20,000, primarily from Sodium Ion Battery sales.
  • Payments for staff costs were $205,000 and for administration and corporate costs were $178,000.
  • Proceeds from issuing equity securities amounted to $702,000.
  • Overall net cash from financing activities was $648,000.
  • Cash and cash equivalents at the end of the quarter were $894,000.
  • The company is engaged in the energy storage sector with products like Sodium-Ion Batteries and SuperBattery systems.
  • H2G is working on strategic partnerships, such as with Skeleton Technologies for advanced energy solutions.
  • H2G aims to be a leader in sustainable energy storage solutions in Australia.
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.