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Hazer Group Ltd. (HZR) AI Stock Analysis
Hazer Group Ltd.
(ASX:HZR)
The score is held down primarily by weak financial performance—sharp revenue deterioration, persistent large losses, and ongoing cash burn—despite low balance-sheet leverage. Technical indicators are modestly supportive in the short term (price above 20/50DMA and positive MACD), but the longer-term trend remains negative (below 200DMA). Valuation provides limited support given the negative P/E and no dividend yield data.
Hazer Group Ltd. (HZR) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 73.66M
- Dividend Yield
- ―
- Average Volume (3M)
- 115.44K
- Price to Earnings (P/E)
- -7.0
- Beta (1Y)
- 1.04
- Revenue Growth
- -96.81%
- EPS Growth
- -19.09%
- Country
- Australia
- Employees
- 36
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals
Hazer Group Ltd. Business Overview & Revenue Model
Company Description
Hazer Group Limited is an Australian clean technology firm dedicated to commercializing its unique Hazer Process. This innovative technology allows for the production of low-carbon hydrogen and graphite by converting natural gas and comparable raw ma...
Hazer Group Ltd. Earnings Call Summary
The call highlighted multiple material commercial and technical progress points: a solid cash position (> $17M) with reduced burn, an advancing 11-year KBR alliance (paid studies and in‑kind support), the first revenue-generating Hazer–KBR project in the U.K., expanded pipeline and clear traction in steel and graphite markets (POSCO extension, M Resources MOU). Challenges remain around timing/uncertainty in large government-led tenders (Whyalla), longer qualification timelines for high-value graphite markets, and engineering scale-up risks (heat, conversion, product quality). On balance the company presented tangible milestones, partner-backed execution pathways and growing demand indicators that outweigh the operational and timing risks.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The call guided that Hazer enters 2026 with a cash position of over A$17m (bolstered by >A$5.5m R&D rebate and ~A$1m from an AGM‑approved capital reallocation), a cash burn reduced ~30% quarter‑on‑quarter and ~40% year‑on‑year, and a stronger pipeline now ~A$51m (equating to ~1.5 million tpa of customer leads, or >1.5% of global H2 demand) with >50 active leads (up from ~45); the KBR alliance (an 11‑year engagement backed by a US$3m contribution and further in‑kind support cited in the call) is delivering a commercial design package built around a ~30,000 tpa base single‑train (scalable toward 50–100k tpa), with the first paid study (Energy Pathways) being a 20,000 tpa, revenue‑generating project; market context provided included an addressable H2 market of ~100m tpa (~US$206bn), current SMR emitting ~10 t CO2 per t H2 and ~920m t CO2 industrywide, sector growth forecasts (ammonia ~3× in ~25 years; steel ~10× to 2050), and graphite commercialisation metrics targeting “drop‑in” markets at ~US$300–700+/t (typical target >US$500/t) with one 50,000 tpa deal modeled to deliver ~US$80–100m in license revenue; management also flagged additional non‑dilutive funding/grants (ARENA ~A$1m expected, Mitsui/WA funds ~A$2m+, Fortis CAD11m support) and large regional funding for Whyalla (federal ~A$1bn+, SA ~A$400m) as important enablers to convert pipeline into licences this year.
Hazer Group Ltd. Financial Statement Overview
Summary
Overall financial quality is weak: revenue is extremely small and deteriorated sharply (FY2026 ~20k vs FY2025 614k), profitability is deeply negative with widening net losses, and cash flow remains structurally negative (FY2026 operating cash flow about -5.2m). The main positive is low leverage with modest debt relative to equity, but ongoing losses are eroding the equity base and elevate funding risk.
Income Statement
12Very NegativeBalance Sheet
63PositiveCash Flow
24Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.57K | 19.57K | 614.24K | 3.31M | 2.40M | 1.24M |
| Gross Profit | -88.22K | -88.22K | 614.24K | 3.31M | 2.29M | 1.16M |
| EBITDA | -13.50M | -13.50M | -7.45M | -15.69M | -11.72M | -16.93M |
| Net Income | -10.38M | -10.38M | -7.62M | -19.07M | -12.21M | -16.41M |
Balance Sheet | ||||||
| Total Assets | 13.55M | 13.55M | 17.75M | 18.58M | 12.67M | 27.04M |
| Cash, Cash Equivalents and Short-Term Investments | 10.67M | 10.67M | 12.53M | 12.83M | 9.28M | 18.03M |
| Total Debt | 104.42K | 104.42K | 220.00K | 222.83K | 261.26K | 3.82M |
| Total Liabilities | 3.20M | 3.20M | 4.04M | 5.01M | 8.73M | 14.59M |
| Stockholders Equity | 10.35M | 10.35M | 13.71M | 13.57M | 3.94M | 12.45M |
Cash Flow | ||||||
| Free Cash Flow | -5.40M | -5.40M | -6.60M | -23.31M | -5.77M | -21.30M |
| Operating Cash Flow | -5.24M | -5.24M | -5.15M | -15.82M | -1.28M | -5.24M |
| Investing Cash Flow | -156.65K | -156.65K | -1.45M | -7.50M | -4.50M | -16.06M |
| Financing Cash Flow | 3.54M | 3.54M | 6.31M | 26.86M | -2.98M | 14.69M |
Hazer Group Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HZR, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.31, and below the 200-day MA of 0.35, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.69 is Neutral, neither overbought nor oversold. The STOCH value of 15.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:HZR.
Hazer Group Ltd. Peers Comparison
Overall Rating
- AU:HZR46Neutral
AU:ATC43Neutral
AU:CXL41Neutral
AU:EGR36Underperform
AU:FGR30Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:HZR | 46Neutral | AUD 72.99M | -7.00 | -87.35% | ― | -96.81% | -19.09% |
| AU:ATC | 43Neutral | AUD 4.00M | -0.07 | -174.71% | ― | ― | -107.04% |
| AU:CXL | 41Neutral | AUD 46.49M | -0.88 | -119.47% | ― | 27.85% | -141.00% |
| AU:EGR | 36Underperform | AUD 103.81M | -53.57 | -4.69% | ― | ― | 57.27% |
| AU:FGR | 30Underperform | AUD 31.95M | -6.07 | -67.92% | ― | 14.77% | 16.88% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:HZR | Hazer Group Ltd. | 0.28 | -0.27 | -49.54% | |
| AU:FGR | First Graphene Ltd | 0.04 | -0.05 | -59.34% | |
| AU:EGR | Ecograf Ltd. | 0.21 | -0.26 | -54.26% | |
| AU:NH3 | Hexagon Energy Materials Ltd. | 0.09 | -0.01 | -6.12% | |
| AU:CXL | Calix Ltd. | 0.21 | -0.19 | -47.50% | |
| AU:ATC | Altech Chemicals Limited | 0.01 | -0.03 | -75.00% |
Hazer Group Ltd. Corporate Events
Hazer Group Hosts Q1 FY27 Investor Webinar to Highlight Climate-Tech Strategy
Hazer Group Ltd is hosting a Q1 FY27 investor webinar on 20 October 2026, providing shareholders and the market with an updated presentation on its strategic direction and progress in scaling affordable solutions for strategic infrastructure. The eve...
Hazer Group to Hold In-Person AGM, Shifts to Digital Meeting Materials
Hazer Group Limited has called its Annual General Meeting of shareholders to be held in person in Perth at 3:00pm AWST on Wednesday, 18 November 2026. The company is providing its Notice of Meeting, explanatory materials and FY26 annual report electr...
Hazer sharpens clean hydrogen push as KBR alliance and Whyalla steel bid advance
Hazer Group has advanced its commercialisation strategy during the September quarter, leveraging a completed commercial-scale Process Design Package with KBR as the basis for multiple client engagements. The alliance confirms improved project economi...
Hazer Targets Decarbonising Steel With Methane Pyrolysis Technology
Hazer Group is sharpening its strategic focus on the global steel sector, highlighting a strong fit between its methane pyrolysis technology and efforts to cut emissions in steelmaking. By using an iron-ore catalyst to convert natural gas into clean...
Hazer Group Ties Staff Equity Incentives to Share Price Performance
Hazer Group has issued 4,592,097 unquoted options to eligible staff under its shareholder-approved Employee Incentive Plan, with the options granted for nil consideration and exercisable at $0.001 per share once vested. The multi-tranche structure ti...
Hazer graphite passes key tests as low-emissions additive in heavy-duty asphalt
Hazer Group Limited has reported independent test results showing its low-emissions graphite can partially replace petroleum-derived bitumen in heavy-duty asphalt while maintaining or improving performance. Tests conducted by Boral Construction Mater...
Hazer Group Sets November Date for AGM and Opens Director Nominations
Hazer Group has scheduled its Annual General Meeting for 3:00pm AWST on 18 November 2026 at ANZAC House in Perth, providing shareholders with a key date to engage with the company’s governance and strategic direction. The company has also set 3...
Hazer Group Files ASX Corporate Governance Statement for FY2026
Hazer Group Ltd. has lodged its annual corporate governance statement for the year ended 30 June 2026 with the ASX and made it available on its website, confirming compliance with key ASX Corporate Governance Council principles. The board-approved fi...
Hazer Moves From Platform Build to Commercial Execution as FY27 Begins
Hazer Group has entered FY27 with commercial-scale engineering for a 30,000 tonnes per annum hydrogen plant completed and a global go-to-market platform established through KBR, supported by a pipeline of six projects across steel, energy and ammonia...
Hazer Group loss widens as grant income falls and equity funding supports operations
Hazer Group reported a sharp 61% fall in revenue from ordinary activities to $3.3 million for the year to 30 June 2026, mainly due to the absence of prior-year grant income and a lower research and development tax rebate. The company’s loss aft...
Hazer-KBR Alliance Wins Major Hydrogen Study with Tier-1 Japanese Utility
Hazer Group has secured a paid pre‑feasibility study with a tier‑1 Japanese power utility to assess integrating its methane pyrolysis technology into the utility’s generation portfolio, at hydrogen production scales of 30,000 and 30...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 26, 2026