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American Battery Technology Co
Previous close
$2.12
Day range
$1.98 - $2.28
Year range
$0.73 - $4.11
Market cap
173.95M USD
Avg Volume
8.86M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 201.96K | — |
Operating expense | 7.46M | -6.93% |
Net income | -11.69M | -31.52% |
Net profit margin | -5.79K | — |
Earnings per share | — | — |
EBITDA | -8.54M | -6.99% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 5.77M | 5.71% |
Total assets | 73.83M | -12.05% |
Total liabilities | 14.49M | -41.46% |
Total equity | 59.34M | — |
Shares outstanding | 74.52M | — |
Price to book | 2.62 | — |
Return on assets | -32.35% | — |
Return on capital | -37.73% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -11.69M | -31.52% |
Cash from operations | -5.55M | -16.67% |
Cash from investing | -863.16K | 88.13% |
Cash from financing | 5.18M | -65.65% |
Net change in cash | -1.23M | -140.30% |
Free cash flow | -2.32M | 78.69% |
About
American Battery Technology Company, formerly American Battery Metals Corporation, is a US-based battery recycling technology startup founded in 2011. It employs a hydrometallurgical process to recycle batteries and a targeted extraction system to extract raw materials from primary resources.
In 2019, the company was selected as winner of BASF’s Battery Recycling Circularity Challenge, allowing for the demonstration of its lithium-ion battery recycling technology as part of the Greentown Labs accelerator program. In 2021, it received a $2 million contract from the United States Advanced Battery Consortium, in collaboration with the U.S. Department of Energy for commercialization of its integrated lithium-ion battery recycling system.
In October 2022, it was selected for a $57 million grant by the Department of Energy to design, construct, commission, and operate a first-of-its-kind commercial-scale facility to demonstrate its process for the manufacturing of battery cathode-grade lithium hydroxide from unconventional Nevada-based lithium-bearing sedimentary resources. Wikipedia
Founded
2011
Headquarters
Employees
96