FY25 Results Announcement

Carbonxt Group Limited has reported positive financial results for FY25, with revenue growing by 7.1% to $16.2 million. This growth was supported by increased sales in Powdered Activated Carbon (PAC) and the recovery of Activated Carbon Pellet (ACP) volumes in the second half. The company also saw a significant improvement in gross margin to 52%, driven by pricing and cost optimization initiatives.

Underlying EBITDA loss reduced to $0.46 million, with positive EBITDA achieved in the second half. Net loss before tax narrowed to $6.7 million, a 17% improvement from FY24. Carbonxt continues to focus on sustainable practices, with non-brominated PAC sourced from renewable feedstock.

The company's Kentucky facility progress has been positive, with an increase in ownership to 43.7% and mechanical completion achieved. Despite delays in kiln finalization, the facility is poised to enter the liquid-phase activated carbon market, expanding capacity by ~200%.

Investors are encouraged to ask questions about the FY25 results and the company's strategic outlook, including plans to capture growth from PFAS compliance requirements and expansion of the U.S. activated carbon market. With increasing demand for sustainable solutions, Carbonxt is well-positioned for growth. Contact Warren Murphy for more information.