• Volt Group achieved Q2 Ordinary Revenue receipts of $1.0 million, down 15% on Q1 FY25
• Wescone secured ~$0.8 million in new orders for July delivery, positioning the Company for a strong Q3 recovery
• EcoQuip's 30% fleet expansion to 130 MSLT units advanced to near completion

Volt Power Group Ltd reported its Q2 FY25 operational update, with revenue receipts of $1.0 million, down 15% on Q1 due to customer order timing delays. Cash at Bank declined to $1.4 million as at 30 June 2025, reflecting capital investment in the 30x EcoQuip MSLT build and market development. EcoQuip maintained a consistent performance with $0.52 million in revenue receipts, while Wescone contributed $0.47 million, below budget due to customer order timing. Wescone has since secured ~$0.8 million in new orders for July delivery, providing confidence in a Q3 revenue trajectory recovery. EcoQuip's 30% fleet expansion to 130 MSLT units advanced to near completion, with all fabricated components for the remaining 10 units received. EcoQuip is currently in negotiations for all 30 new MSLT units for potential hire deployment in Western Australia. The company also announced the appointment of The Honourable William (Bill) Johnston as a Non-Executive Director, leveraging his experience in leading Western Australia's Energy Transformation Strategy.