American Battery Technology (NASDAQ:ABAT) Posts Earnings Results, Misses Estimates By $0.04 EPS

Key Points

• Quarterly results missed expectations: American Battery Technology reported a loss of $0.10 per share, $0.04 worse than consensus, and revenue of $1.71 million versus analysts’ $6.78 million estimate.
• Full-year FY 2026 revenue rose more than 400% to nearly $22 million, and adjusted gross profit improved to $1.7 million from a $6.2 million loss a year earlier. The company ended the year with about $49.5 million in cash and no debt.
• A temporary U.S. export ban delayed black-mass sales, though the company says sales resumed after it received an export license. Management cautioned that a possible extension or expansion of the ban could create continued uncertainty.

American Battery Technology (NASDAQ:ABAT - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04), FiscalAI reports. American Battery Technology had a negative net margin of 337.50% and a negative return on equity of 64.63%. The company had revenue of $1.71 million for the quarter, compared to analysts' expectations of $6.78 million.

Here are the key takeaways from American Battery Technology's conference call:

• FY 2026 revenue rose more than 400% to nearly $22 million, while adjusted gross profit improved to $1.7 million from a $6.2 million loss a year earlier. The company ended the year with about $49.5 million in cash and no debt.
• A temporary U.S. export ban delayed black-mass sales, leading ABTC to store product; the company received an export license on September 30 and says sales have resumed. Management warned the ban could be extended or broadened, creating ongoing policy and sales uncertainty.
• ABTC is advancing plans for a larger second recycling facility in the Southeast and says its first plant is operating at a positive adjusted gross margin. The second site is still under evaluation, with a partially built facility among the candidates.
• At the Tonopah Flats lithium project, the Department of Energy grant was reinstated and the Bureau of Land Management accepted the project’s plan of operations. ABTC is pursuing further resource estimates and a definitive feasibility study, while federal environmental review and permitting remain ongoing.
• Shareholders preliminarily rejected the advisory vote on executive compensation and the 2026 Equity Incentive Plan, while approving the other listed proposals.

American Battery Technology Stock Down 7.1%

Shares of NASDAQ ABAT traded down $0.10 during midday trading on Thursday, reaching $1.24. The company had a trading volume of 2,356,150 shares, compared to its average volume of 4,612,806. The stock has a market cap of $176.80 million, a PE ratio of -2.18 and a beta of 0.62. American Battery Technology has a one year low of $1.14 and a one year high of $5.33. The firm's fifty day moving average price is $1.92 and its 200-day moving average price is $2.81.

Insider Buying and Selling

In other news, Director Susan Lee sold 21,360 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $2.16, for a total transaction of $46,137.60. Following the completion of the sale, the director owned 170,840 shares of the company's stock, valued at approximately $369,014.40. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.75% of the stock is owned by company insiders.

Analyst Ratings Changes

ABAT has been the subject of several research analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of American Battery Technology in a research note on Friday, September 25th. Alliance Global Partners reiterated a "buy" rating on shares of American Battery Technology in a research report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, American Battery Technology has an average rating of "Moderate Buy" and a consensus price target of $6.00.

About American Battery Technology

American Battery Technology Company develops technologies and projects for recovering battery metals from both recycled materials and primary resources. Its work includes recycling lithium-ion batteries and producing materials such as lithium and other metals used in batteries. The company is also developing lithium resources in Nevada, including its Tonopah Flats project, and has pursued battery-recycling operations in the state. Its activities are focused on building a domestic supply chain for battery materials in the United States.

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