• Successful commissioning of U-Column Enhanced Desorption system at Heathgate Resources' uranium facility
• Townsville Water Recycling Project reaches practical completion
• Detailed design phase for DESALX® water treatment system in Europe completed

Clean TEQ Water Limited has reported a further steady improvement in revenue and cash flow for the first quarter of fiscal year 2026. The company continued to make progress across its portfolio, delivering key project milestones and advancing the commercialization of its proprietary technologies. Highlights include the successful commissioning of the U-Column Enhanced Desorption system at Heathgate Resources' uranium facility, the completion of the Townsville Water Recycling Project, and the completion of the detailed design phase for the DESALX® water treatment system in Europe. The company also reported positive net operating cash flows of $0.8 million and cash reserves of $3.4 million as of September 30, 2025. Clean TEQ Water's Moving Bed Ion Exchange (MBIX) platform remains central to its growth, underpinning solutions such as DESALX®, PHOSPHIX®, BIONEX®, and HIROX®, which address tightening global water regulations and support circular economy objectives. The company continues to make progress in the lithium space, with its Go2Lithium joint venture relocating the cDLE® pilot plant to the Middle East region. Clean TEQ Water enters the second quarter of fiscal year 2026 with strong operational momentum, increasing revenue visibility, and growing validation of its proprietary technology platforms across the water, resource recovery, and battery metals sectors.

The company reported cash receipts from customers of $5.2 million in the first quarter of fiscal year 2026, up significantly from $3.3 million in the previous quarter. The company also reported positive net operating cash flows of $0.8 million and cash reserves of $3.4 million as of September 30, 2025.

Clean TEQ Water enters the second quarter of fiscal year 2026 with strong operational momentum, increasing revenue visibility, and growing validation of its proprietary technology platforms across the water, resource recovery, and battery metals sectors. The company's execution risk remains moderate, primarily tied to delivery schedules and field performance, but early indicators support continued progress towards improved financial outcomes.