FY25 HY Financial Report - EcoQuip Revenue Growth Continues

• EcoQuip achieved a 38% increase in HY25 Ordinary Revenue
• Wescone Ordinary Revenues were down 47% due to order receipt timing
• Volt and ATEN EPC Alliance partner, NRW Primero completed a comprehensive FEED Study Proposal for Synergy's Kwinana Power Station

Volt Power Group Ltd has reported its FY25 half-year financial results, with the company's HY25 Ordinary Revenue and Adjusted EBITDA coming in at $2.15 million and $0.25 million respectively. The results were lower than the comparable prior period primarily due to Wescone order receipt timing, though the company has since received $1.2 million in orders for delivery by 30 September 2025, returning revenue trajectory to alignment with FY25 budgets. The key highlights during the period include continued R&D investment in EcoQuip and Wescone, the completion of 30 new EcoQuip MSLTs, and the completion of a comprehensive ATEN Waste Heat to Power FEED Study proposal. EcoQuip achieved a record $1.06 million in HY Ordinary Revenue, a 38% increase, while Wescone sales activity was below budget but has since received multiple orders totaling ~$1.2 million. Volt also announced the appointment of the Honourable William (Bill) Johnston as a Non-Executive Director, given his experience as WA's Minister for Energy from 2018 to 2023. The company also completed a 1:100 share consolidation approved at its 2025 AGM.

The company anticipates the receipt of ~$0.5 million on or around September 2025 after FY24 Federal Government R&D Tax Rebate completion.