Jan. 27 at 6:51 PM
$ABAT $ALB
ABAT’s balance sheet is honestly stronger than most small caps people lump it in with. They’re bringing in real revenue now while carrying no long-term debt, which matters a lot in this rate environment.
Revenue growth has been significant year over year, with FY2025 revenue around
$4M+, and recent quarters showing acceleration as recycling operations and material sales ramp. It’s still early, but the top-line trend is finally moving in the right direction instead of being purely speculative.
On the balance sheet side, ABAT reported tens of millions in cash following recent capital raises, giving them solid runway to scale operations without relying on debt financing. All prior convertible notes were either converted or retired, leaving the company essentially debt-free, which reduces risk and interest drag compared to peers.
Liquidity ratios are strong (very high current ratio, near-zero debt-to-equity), meaning they can fund growth internally for now.
