Public disclosure of inside information according to article 17 MAR
Heidelberg (pta024/09.01.2026/14:55 UTC+1)
Altech Advanced Materials AG - Preliminary annual results as at 31.12.2025
Heidelberg - Altech Advanced Materials AG ("AAM / the Company") (ISIN:
The preliminary annual result includes other operating income of EUR 161 thousand (previous year: EUR 193 thousand) and personnel expenses of EUR 175 thousand (previous year: EUR 408 thousand), other operating expenses of EUR 367 thousand (previous year: EUR 679 thousand) and depreciation and amortisation of financial assets of EUR 3,870 thousand (previous year: EUR 0 thousand). The financial result amounted to EUR -76 thousand (previous year: EUR -40 thousand).
Other operating expenses mainly consist of costs for capital market listing and communication (EUR 113 thousand), legal advice (EUR 72 thousand), Supervisory Board remuneration (EUR 63 thousand) and financial statement/audit costs (EUR 46 thousand).
Depreciation on financial assets of EUR 3,870 thousand resulted from the lower closing price of AUD 0.026 per share in Altech Batteries Ltd., Australia, on 31 December 2025. The company uses the so-called 10-20 rule to determine the lower fair value of fixed assets in order to assess whether the closing price on the balance sheet date has remained permanently below the acquisition price or book value:
Even though, according to the 10-20 rule, there was no need to write down the shares held in Altech Batteries Ltd., Australia, the Management Board decided to write down the shares to the lower market price for reasons of caution due to the price development and the capital requirements still existing at Altech Batteries Ltd. to finance the two projects CERENERGY and Silumina Anodes.
The preliminary balance sheet as at 31 December 2025 in accordance with the German Commercial Code (HGB) shows equity of EUR 4,462 thousand (previous year: EUR 8,790 thousand).
In its latest forecast for 2025, the Management Board anticipated a loss of between EUR 2.5 and 3.0 million (see publication dated 29 August 2025). This estimate was missed by around EUR 0.9 million mainly due to write-downs of EUR 3.9 million on the shares held in Altech Batteries Ltd., Australia, which led to additional expenses of around EUR 2.0 million compared to the last forecast.
The preliminary result stated are based on the preliminary assessment of the 2025 financial year carried out by the Management Board on 9 January 2026. The figures stated in this announcement are subject to the final preparation of the annual financial statements, the audit and the approval of the annual financial statements by the Supervisory Board.
The Management Board
About Altech Advanced Materials AG
Altech Advanced Materials AG (ISIN:
Further information at: www.altechadvancedmaterials.com
Altech Advanced Materials AG
Vorstand: Hansjörg Plaggemars
Ziegelhäuser Landstraße 3
69120 Heidelberg
info@altechadvancedmaterials.com
Tel: + 49 6221 649 2482
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| Emitter: |
Altech Advanced Materials AG Ziegelhäuser Landstraße 3 69120 Heidelberg Germany |
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| Contact Person: | Hansjörg Plaggemars | |
| Phone: | +49 6221 64924-82 | |
| E-Mail: | info@altechadvancedmaterials.com | |
| Website: | www.altechadvancedmaterials.com | |
| ISIN(s): |
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| Stock Exchange(s): | Regulated Market in Frankfurt | |
| Other Stock Exchanges: | Xetra |
[ source: https://www.pressetext.com/news/1767966900092 ]
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