InvestSMART

Weebit Nano Ltd (ASX:WBT)

ALERT: Price-sensitive ASX Announcement for WBT
Current share price for WBT : $3.340 -0.78 (-18.93%)+
Announcement
Release
31 Jul 2026 9:03AM
Price at Release
$4.120
Full Release
download
Summary
Weebit Nano Ltd has reported its activities and financials for the quarter ending 30 June 2026. The company expanded its licensing agreements with key customers, leading to three customer chip designs being taped-out, with the first functional prototypes being tested. The technology transfer to Texas Instruments and onsemi is progressing on schedule. The company raised A$15 million through a Share Purchase Plan, contributing to a total of A$102 million raised. Revenue guidance for FY26 has been upgraded to at least A$13.5 million. Weebit Nano's cash balance as of 30 June 2026 is A$167 million, with cash flows from operating activities resulting in a net outflow, countered by a significant inflow from financing activities. The company continues its efforts in intellectual property development, having secured three new patents, and is actively engaging with potential customers and attending industry events.
Key Points
  • Expanded licensing agreements with additional technologies and products.
  • Three customer chip designs with Weebit ReRAM taped-out.
  • Technology transfer to Texas Instruments and onsemi is on schedule.
  • Raised A$15 million through a Share Purchase Plan, total funds raised A$102 million.
  • FY26 revenue guidance upgraded to at least A$13.5 million.
  • Cash balance of A$167 million as of 30 June 2026.
  • Secured three new patents, enhancing the IP portfolio.
  • Conducted extensive customer engagements and participated in industry events.
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.