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H2G Limited (ASX:H2G)

ALERT: Price-sensitive ASX Announcement for H2G
Current share price for H2G : $0.012 0.002 (20%)+
Announcement
Release
31 Jul 2026 8:39AM
Price at Release
$0.010
Full Release
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Summary
H2G Limited's quarterly activities and cash flow report for the period ending 30 June 2026 outlines a net cash outflow from operating activities primarily due to significant staff and administration costs. The company received a cash inflow from financing activities through the issuance of equity securities. The report highlights the successful launch of H2G's Model S Sodium-Ion Battery and approved inverters, building a sales pipeline over $4M. Strategic efforts include integrating their products into the Clean Energy Council scheme and partnerships aimed at expanding their market presence, particularly in data centers and high-security sectors.
Key Points
  • H2G Limited reported a net cash outflow from operating activities of $411K for the current quarter ending 30 June 2026.
  • The company's operating expenses included staff costs of $235K and administration costs of $153K.
  • H2G's cash inflow from financing activities was $231K, mainly from issuing equity securities.
  • The company's cash balance at the end of the quarter was $714K.
  • H2G's updates include the successful launch of the Model S Sodium-Ion Battery and CEC-approved inverters.
  • The company has a promising sales pipeline exceeding $4M for its new sodium-ion batteries.
  • H2G is trying to integrate Sodium-Ion Batteries into the Clean Energy Council certification scheme.
  • The strategic partnership with Skeleton Technologies aims to expand into data centers and defense sectors.
  • H2G aims to establish a national network of installers in Australia to support growth.
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.