EarningsQ4 2026 Earnings Report
DE:DML2 Q4 2026 EPS Results
Actual EPS-€0.22
Consensus EPS>-€0.01
Beat/MissMissed by -€0.22
One Year Ago EPS-€2.84
DE:DML2 Q4 2026 Revenue Results
Actual Revenue€55.86M
Expected Revenue€86.36M
Beat/MissMissed by -€30.50M
YoY Revenue Growth-14.42%
Earnings Announcement Details
QuarterQ4 2026
Date08/27/2026
TimeAfter Close
Conference CallThursday, August 27, 2026
DE:DML2 Upcoming Earnings
Elevra Lithium's next earnings date is estimated for March 3, 2027, based on past reporting schedules.
Q4 2026 Earnings Call Audio
DE:DML2 Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a materially improved commercial, operational and financial position: strong realized price gains (+57%), a return to positive underlying EBITDA, a substantially stronger cash position ($255M) and a fully funded NAL expansion that has moved into execution. These positives were balanced by modest production and shipment declines, temporary mining headwinds, weaker cash conversion during the year, and higher near-term unit costs and capital intensity tied to expansion activities. Management highlighted improving operational metrics (Q4 recoveries, 92% mill utilization) and significant strategic progress (merger synergies, Mangrove agreement, portfolio rationalization), which together outweigh the transitory operational and timing challenges reported.Company Guidance
Strong Revenue Growth
Revenue of $202 million in FY'26, up 39% versus FY'25, driven by higher realized prices despite lower shipment volumes.
Material Balance Sheet Strengthening
Cash balance increased to $255 million at 30 June 2026 (from $47 million a year earlier). Management also reported additional post-year proceeds from the Canada Growth Fund (management commentary noted ~$65M and later ~$46M received in August). Total assets increased from $427 million to $905 million.
Return to Underlying EBITDA Profit
Group underlying EBITDA of $14 million (versus a prior period loss of $43 million or adjusted FY'25 underlying loss of $65 million), driven by stronger realized pricing and merger synergies.
Significant Realized Price Improvement
Average realized price rose 57% from $694/tonne in FY'25 to $1,092/tonne FOB in FY'26, and realized pricing moved above NAL's unit operating cost on a per‑tonne sold basis.
Completed Strategic Merger and Synergies
Merger of Sayona Mining and Piedmont Lithium completed (Aug 2025), creation of a reconstituted Board and expanded management team; approximately $15 million of synergies captured in the 10 months post-merger with ~ $19 million annualized savings expected.
Funded NAL Brownfield Expansion and Execution Started
Scoping studies completed, financing secured for all three stages (total project cost USD 270 million), groundbreaking occurred end of June 2026; Stage 1 expected in CY2027 with Stage 1 CAPEX ~USD 70M.
Operational Improvement in H2
Recovery improved to 71% in Q4 (highest level in FY'26) and mill utilization remained high at 92%, indicating improving operating performance through the second half of the year.
Safety Progress
Total recordable injury frequency rate fell by 67% year-on-year with reductions across medical aid, modified duty and lost time injuries.
Strategic Commercial Wins
Entered definitive supply agreement with Mangrove including a floor price of $1,000/tonne (C6) and no ceiling; transition away from legacy offtakes to market-linked pricing and a target commercial portfolio of ~3 core customers with 3–5 year terms.
DE:DML2 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed