ABATAmerican Battery Technology Company
Slide 1 of 3
Company Overview
Name
American Battery Technology Company
52W High
$11.49
52W Low
$0.73
Market Cap
$522.5M
Dividend Yield
0%
Price/earnings
-0.09
P/E
-0.09
Tags
Dividends
No dividend
Sentiment
Score
Very Bullish
84
Low
Neutral
High
0
50
100
Trade Volume
Score
Neutral
50
Low
Neutral
High
0
50
100
Slide 2 of 3
Income Statement
Total Revenue
$937.6K
Operating Revenue
$937.6K
Total Gross Profit
$-3.5M
Total Operating Income
$-10.1M
Net Income
$-10.3M
EV to EBITDA
$0.00
EV to Revenue
$120.68
Price to Book value
$7.40
Price to Earnings
$0.00
Additional Data
Selling, General & Admin Expense
$3.6M
Research & Development Expense
$2.7M
Exploration Expense
$291K
Total Operating Expenses
$-6.6M
Interest Expense
-$6,469.00
Other Income / (Expense), net
$-159.7K
Slide 3 of 3
Earnings History
Estimated EPS
Reported EPS
N/A Slide 1 of 5
Company Overview
Name
American Battery Technology Company
52W High
$11.49
52W Low
$0.73
Market Cap
$522.5M
Dividend Yield
0%
Price/earnings
-0.09
P/E
-0.09
Tags
Dividends
No dividend
Slide 2 of 5
Sentiment
Score
Very Bullish
84
Low
Neutral
High
0
50
100
Trade Volume
Score
Neutral
50
Low
Neutral
High
0
50
100
Slide 3 of 5
Income Statement
Total Revenue
$937.6K
Operating Revenue
$937.6K
Total Gross Profit
$-3.5M
Total Operating Income
$-10.1M
Net Income
$-10.3M
EV to EBITDA
$0.00
EV to Revenue
$120.68
Price to Book value
$7.40
Price to Earnings
$0.00
Slide 4 of 5
Additional Data
Selling, General & Admin Expense
$3.6M
Research & Development Expense
$2.7M
Exploration Expense
$291K
Total Operating Expenses
$-6.6M
Interest Expense
-$6,469.00
Other Income / (Expense), net
$-159.7K
Slide 5 of 5
Earnings History
Estimated EPS
Reported EPS
N/AUpcoming Earnings
We were not able to find an announced earnings date for this symbol yet. Check back again later
Company Info
CEO
Ryan Melsert
Location
Nevada, USA
Exchange
Nasdaq
Website
https://americanbatterytechnology.com
Summary
American Battery Technology Company engages in the exploration, mining, extraction, and recycling of battery metals.
Company Info
CEO
Ryan Melsert
Location
Nevada, USA
Exchange
Nasdaq
Website
https://americanbatterytechnology.com
Summary
American Battery Technology Company engages in the exploration, mining, extraction, and recycling of battery metals.
Company FAQ
@autobot 6 months ago | 2024 - q3
What does this company do? What do they sell? Who are their customers?
American Battery Technology Company is a pioneering firm based in the United States, specializing in the exploration, mining, extraction, and recycling of battery metals. The company is dedicated to advancing sustainable energy solutions by focusing on the circular economy of critical battery materials. American Battery Technology Company primarily engages in recycling lithium-ion batteries, extracting valuable metals such as lithium, nickel, and cobalt through innovative methods. By doing so, they aim to meet the growing demand for domestically produced battery metals, particularly for electric vehicles and electronics industries. Their main customers include automotive manufacturers, battery producers, and electronics companies seeking sustainable and locally sourced materials.
What are the company’s main products or services?
Lithium-ion battery recycling systems that efficiently recover lithium, nickel, cobalt, and other valuable materials.,Battery-grade products derived from recycled metals, catering to the needs of manufacturers in the electric vehicle and electronics sectors.,Innovative hydrometallurgical processes designed to optimize material recovery rates and reduce environmental impact.,Sustainable battery metals, particularly aimed at supporting the domestic electric vehicle industry.,A proprietary 'de-manufacturing' process that enhances the recycling of critical materials in a closed-loop supply chain.
Who are the company’s main competitors?
Li-Cycle Holdings Corp.,Redwood Materials Inc.,American Manganese Inc.,Aqua Metals, Inc.,Glencore PLC
What drives the company’s stock price?
Several factors objectively influence the stock price of American Battery Technology Company. The firm's strategic partnerships and government grants, such as those from the Department of Energy, bolster its position within the industry. These grants are intended to expand the company's recycling capabilities and enhance its market presence. Moreover, market trends in electric vehicles and increasing demand for sustainable and domestically-sourced materials also play a crucial role. However, the company's reliance on external funding and price volatility of battery metals may present challenges to stock performance.
What were the major events that happened this quarter?
During the most recent quarter, American Battery Technology Company achieved significant milestones. They received a $144 million federal grant to establish a new lithium-ion battery recycling facility, expected to scale operations fivefold. The company also appointed Steven Wu as Chief Operating Officer, with a focus on commercializing recycling and manufacturing operations. Partnerships with notable organizations like BASF and Siemens were bolstered, further strengthening strategic positions. Moreover, ABTC completed its fourth drill program at the Tonopah Flats Lithium Project to enhance lithium resources and supported workforce development with the Department of Energy.
What do you think will happen next quarter?
Looking forward to the next quarter, American Battery Technology Company plans to accelerate the commercialization of its recycling operations. The anticipated completion of another major recycling facility is likely to enhance production capacity significantly. They are expected to further develop the lithium hydroxide refinery project, which could provide additional revenue streams. With ongoing partnerships and funding, ABTC might expand its market presence in the sustainable battery materials sector. However, managing scaling operations and mitigating dependence on external funding remain challenges as they work to capitalize on market opportunities.
What are the company’s strengths?
ABTC's primary strengths lie in its innovative recycling technologies and strategic partnerships. Their proprietary 'de-manufacturing' process and hydrometallurgical techniques position them as leaders in sustainable battery solutions. Strong relationships with industry leaders such as BASF and Siemens enhance their credibility in the market. Additionally, substantial federal grants underscore confidence in their business model, enabling them to expand operations. These factors, combined with their commitment to domestic resource sourcing, provide a competitive edge in the rapidly growing electric vehicle and battery material markets.
What are the company’s weaknesses?
American Battery Technology Company faces vulnerabilities, particularly in their financial reliance on grants and external funding, posing a risk if these sources were to decrease. The company remains in early commercialization stages, with uncertainties surrounding the efficiency of scaling operations. Execution challenges in balancing their dual focus on battery recycling and lithium mining may stretch resources thin. Operational downtime for system enhancements impacts short-term productivity, while fluctuating battery metal prices could affect profitability. Strategic management is required to address these potential weaknesses as they strive for sustainable growth.
What opportunities could the company capitalize on?
ABTC is well-positioned to capitalize on the growing demand for electric vehicles and the associated need for sustainable battery materials. Their innovative recycling techniques offer prospects for enhancing revenue streams and reducing environmental impacts. The expansion of recycling facilities, aided by federal grants, represents an opportunity to increase capacity and market share. Strategic partnerships foster opportunities for technology advancements and diversification of their product offerings. Additionally, advances in lithium extraction methods and participation in government-backed workforce initiatives present long-term growth potential.
What risks could impact the company?
The company faces several risks, including the volatility of battery metal prices and potential changes in government grant availability. Dependence on external funding creates financial uncertainty, particularly if market conditions tighten. Additionally, operational challenges in scaling and commercializing new technologies pose execution risks. External competition from established recycling and battery material firms could impact market share and pressures profitability. Navigating these risks requires strategic foresight and effective management to ensure sustained growth and stability.
What’s the latest news about the company?
Recent news highlights several important developments for American Battery Technology Company. The company has been recognized with the 'Recycling Technology Solution of the Year' award for innovations in battery recycling, reinforcing its leadership in sustainable technologies. They announced plans for a new large-scale recycling facility supported by a $144 million Department of Energy grant. Steven Wu was appointed as COO, expected to drive commercialization efforts. ABTC strengthened its strategic partnerships, enhancing its position for future growth. These developments signal significant progress in expanding domestic battery material supply chains.
What market trends are affecting the company?
Broader market trends influencing American Battery Technology Company include the increasing emphasis on sustainable and environmentally-friendly practices within the energy sector. The growing adoption of electric vehicles fuels demand for battery recycling and domestically-sourced materials. Government policies supporting the transition to renewable energy and circular economies further benefit ABTC's operations. Simultaneously, the industry faces challenges with fluctuating commodity prices and supply chain constraints. Market dynamics are likely to continue evolving with technological advancements and regulatory changes impacting battery materials and recycling industries.
Price change
$1.15
