Hazer Group Announces FY26 R&D Tax Refund
Key points
- Hazer Group Ltd receives A$2.3 million in FY26 R&D tax refund
- Additional A$0.3 million refund expected this quarter
- Funds to support ongoing commercialisation strategy
Full summary
Hazer Group Ltd announced the receipt of its FY26 Research and Development (R&D) tax incentive refund of A$2.3 million, related to eligible R&D expenditure incurred during the financial year. An additional A$0.3 million refund is expected this quarter following the successful assessment of overseas expenditure. The Australian Federal Government's R&D Tax Incentive program supports Australian innovation by providing tax incentives for eligible expenditure. CEO Glenn Corrie highlighted the importance of this funding for advancing Hazer's proprietary methane pyrolysis process and enhancing the company's liquidity position.
Guidance
A$2.3 million R&D tax refund received for FY26, with an additional A$0.3 million expected this quarter.
Outlook
The receipt of the R&D tax refund is expected to provide non-dilutive funding to support Hazer's ongoing commercialisation strategy and strengthen its liquidity position.
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