Electra Battery Materials swings to three-month net profit of CAD 4.64 million
ELBM•Electra Battery Materials reported net income of CAD 4.64 million for the three months ended September 30, 2026. Nine-month operating cash outflow rose 20% to CAD 8.33 million, while cash fell 40% to CAD 23.54 million.
1. Quarterly results
Electra Battery Materials swung to net income of CAD 4.64 million for the three months ended September 30, 2026.
2. Cash and financing
For the nine months ended September 30, operating cash outflow rose 20% to CAD 8.33 million and investing outflow climbed to CAD 22.09 million. Cash and cash equivalents fell 40% from December 31, 2025, to CAD 23.54 million at September 30, 2026. The company signed a non-binding term sheet with WMC Group AG proposing a five-year partnership to finance cobalt feedstock purchases and product sales.
