6K Additive H1 2026 slides: 73% revenue growth, expansion advancing
6K Additive (ASX:6KA) released its half-year 2026 financial results on August 26, 2026, revealing a 73% year-over-year revenue growth to $13.3 million. The company's gross margin improved to near breakeven from a negative 19% in the previous year, though it remains negative at -1%. Net loss narrowed 41% year-over-year to $6.8 million.
The company's shares closed at $0.83, down 0.6% from the previous close. Despite a modest stock price decline, management highlighted significant operational improvements and a clear path toward profitability as it scales its UniMelt plasma technology platform.
During the first half, the powder segment generated $9.0 million in revenue, up 77% year-over-year, while the alloy segment contributed $4.2 million, a 66% increase. The company's powder backlog grew to $10.3 million in Q2 from $7.0 million in Q1. The expansion of its Burgettstown, Pennsylvania headquarters and production campus aims to increase total production capacity from around 1,600 metric tons per annum to over 6,000 metric tons, a 3.8-fold increase.
This expansion, partially funded through government grants and loans, is expected to bring production online by the end of 2026.
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