InvestSMART

Metal Powder Works Limited (ASX:MPW)

ALERT: Price-sensitive ASX Announcement for MPW
Current share price for MPW : $2.060 -0.87 (-29.69%)+
Announcement
Release
22 Apr 2026 9:24AM
Price at Release
$2.930
Full Release
download
Summary
Metal Powder Works Limited (MPW), listed on the ASX under MPW, released its March 2026 quarterly activities update and the Appendix 4C cash flow report. The company compared its actual expenditures against the estimated expenditure outlined in its prospectus, highlighting increased spending in sales and marketing, which was significantly higher than projected. The report also included cash flows from operations, noting a modest receipt from customers but considerable outflows related to product manufacturing and staff costs. MPW's pioneering non-thermal powder production process, DirectPowder™, continues to lead innovation in the field. During this quarter, MPW raised an additional A$15 million, with key expenditures including executive management salaries and repayment of borrowings. The document concludes with the statement that all forward-looking statements are subject to known and unknown risks and the company makes no guarantee of future performance.
Key Points
  • Comparison of actual versus estimated expenditure.
  • Significant increase in sales and marketing costs.
  • Cash flow report highlights cash inflows from customers and major outflows.
  • MPW's DirectPowder™ process leads industry innovation.
  • Raised an additional A$15 million in funding.
  • Expenditures include executive management salaries and borrowing repayments.
  • Forward-looking statements involve risks and uncertainties.
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.