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Li-S Energy Limited (ASX:LIS)

ALERT: Price-sensitive ASX Announcement for LIS
Current share price for LIS : $0.160 0.025 (18.52%)+
Announcement
Release
21 Aug 2026 8:21AM
Price at Release
$0.135
Full Release
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Summary
Li-S Energy Limited's Preliminary Final Report for the financial year ending on 30 June 2026 highlights a reduction in comprehensive loss to $4,856,000 from the previous year's $6,414,000, despite no revenue from customer contracts. Financial gains were primarily from government grants totaling $3,938,000. The report shows a decrease in assets and equity, with total assets declining from $38,148,000 in 2025 to $34,333,000 in 2026, and net assets dropping to $30,768,000. The company did not declare a final dividend, as it remains focused on technological expansion and cost optimization.
Key Points
  • Li-S Energy Limited experienced a comprehensive loss of $4,856,000 for the financial year ending 30 June 2026, compared to a loss of $6,414,000 in the previous year, showing a reduction in losses by 24%.
  • The company reported no revenue from contracts with customers during the year, only obtaining income through finance, government grants, and other minor sources.
  • Li-S Energy Limited received government grant income of $3,938,000 for the year ending 30 June 2026.
  • The company's total assets decreased from $38,148,000 in 2025 to $34,333,000 in 2026, and its net assets fell from $35,294,000 to $30,768,000.
  • Total equity was negatively impacted due to accumulated losses growing to $27,221,000 by the end of the financial year 2026.
  • The company did not issue a final dividend for the year, focusing resources on strategic growth and operations.
  • Li-S Energy Limited continues to strategize on expanding its technological capabilities and optimizing costs associated with its operations.
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.