Reported Earnings • Jun 26
Second quarter 2026 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 2Q 2025) Second quarter 2026 results: CA$0.001 loss per share (improved from CA$0.002 loss in 2Q 2025). Net loss: CA$334.7k (loss narrowed 19% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Jun 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.2m free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Revenue is less than US$1m (CA$177 revenue, or US$125). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$28.6m market cap, or US$20.2m). Announcement • Jun 04
Volt Carbon Technologies Inc. Announces Appointment of Dr. Hey Woong Park as Chief Technology Officer, Effective 03 June 2026 Volt Carbon Technologies Inc. announced the appointment of Dr. Hey Woong Park as Chief Technology Officer, effective immediately, 03 June 2026. Dr. Park has served as Head of Battery Development for Volt Carbon's wholly owned subsidiary, Solid UltraBattery Inc., and has played a key role in many of the Company's technology advancements in batteries, graphene, advanced materials, and natural graphite applications. With more than 20 years of experience in advanced materials, battery development, and commercialization, Dr. Park has held technical and leadership positions with global battery industry leader LG Chem. His expertise spans battery materials, graphene technologies, manufacturing processes, product development, technology validation, and commercialization. Throughout his career, he has helped bridge the gap between scientific innovation and commercial product development. Since joining Volt Carbon, Dr. Park has contributed to numerous technology milestones announced by the Company, including lithium metal battery development, graphene synthesis and exfoliation programs, advanced graphite processing, and nanomaterial characterization. Working alongside research partners, including the University of Waterloo, Dr. Park has helped advance Volt Carbon's understanding of the relationship between the crystalline properties of natural graphite and the performance of graphene derived materials. His work also contributed to the development of reduced graphene oxide ("rGO") derived from the Company's natural graphite resources. As previously announced on October 2, 2025, the Company's rGO was incorporated into epoxy systems and demonstrated a 40% to 60% improvement in mechanical properties compared to virgin epoxy. The Company further reported that the performance was attributed to the large sheet dimensions of the five-layer rGO and was considered to be at the high end of improvements reported in scientific literature for graphene reinforced epoxy systems. As Chief Technology Officer, Dr. Park will lead Volt Carbon's technology strategy and product roadmap as the Company advances technologies spanning natural graphite processing, graphene production, advanced materials, lithium metal batteries, solid state battery architectures, and energy storage applications. 
