Altech Advanced Materials Reports Preliminary Half-Year Loss

Altech Advanced Materials AG announced a preliminary half-year loss of approximately -293 TEUR for the period ending June 30, 2025. This marks an improvement from the -818 TEUR loss reported for the same period in 2024. The financial results were presented in accordance with the German Commercial Code (HGB).

The reported financials include minimal other operating income of 4 TEUR, a significant decrease compared to 191 TEUR previously. Personnel expenses also reduced to 104 TEUR from 388 TEUR, largely due to decreased management board remuneration and cutbacks in the AAM virtual option program. Operating expenses saw a marked reduction, recording 190 TEUR down from 649 TEUR.

No sales revenues were recorded following the termination of service agreements in 2024. The preliminary financial summary indicates equity of 8,497 TEUR as of June 30, 2025, a slight decrease from December 2024. The Management Board maintains their annual net loss forecast between 400 TEUR and 1,000 TEUR.