Volt Group Limited has reported record full-year revenue for CY25, bolstered by the strategic acquisition of digital inspection firm 4D Delta and strong performances across its mining technology businesses.
- CY25 ordinary revenue receipts hit a record $5.45 million, up 4.1%
- Completed $4.0 million capital raising alongside 4D Delta acquisition
- Wescone secured ~$1.0 million in Q1 CY26 orders, maintaining growth momentum
- EcoQuip expanded Mobile Solar Light Tower deployments, delivering ~50% cost savings
- Advancing zero-emission ATEN Waste Heat to Power project with government and industry partners
Record Revenue and Strategic Growth
Volt Group Limited (ASX, VPR) has closed CY25 with a record $5.45 million in ordinary revenue receipts, marking a 4.1% increase over the previous year. This robust financial performance was underpinned by strong contributions from its core businesses Wescone and EcoQuip, alongside a significant strategic acquisition that promises to diversify and scale Volt’s technology offerings.
Wescone, the company’s proprietary OEM sample crusher business, delivered $3.32 million in revenue for CY25, slightly up from $3.29 million in CY24. The business has already secured approximately $1.0 million in sales orders for Q1 CY26, signalling a positive start to the new year. Notably, Wescone’s expansion into the African market through a new distribution partnership with Mineral Innovative Technologies (MIT) is expected to drive further growth.
EcoQuip’s Sustainable Innovation
EcoQuip, Volt’s original equipment manufacturer of Mobile Solar Light and Communications Towers (MSLT/MSCT), continues to validate its market-leading technology. Deployments at Westgold’s gold mining sites have expanded to 12 units, with plans for further rollouts pending contract finalisation. The EcoQuip MSLT offers a compelling value proposition by displacing traditional diesel-fuelled lighting with a zero-emission, zero-maintenance solution that delivers approximately 50% cost savings. Chevron’s ongoing use of EcoQuip units at its Barrow Island facility further underscores the technology’s reliability and operational benefits.
4D Delta Acquisition, A Game Changer
On 6 January 2026, Volt completed the acquisition of 4D Delta, a digital asset inspection technology company specialising in cloud-based 3D laser scanning and asset condition monitoring software. This acquisition transforms Volt into a more diversified technology group with immediate profitability uplift and significant growth potential. 4D Delta’s proprietary Cloud Platform services over 700 assets globally, including Tier 1 clients such as Rio Tinto, BHP, and Alcoa. Forecast revenue for 4D Delta in CY26 is approximately $4.7 million with EBITDA of $1.5 million, positioning it as a key growth driver for Volt.
Advancing Zero-Emission Energy Solutions
Volt’s ATEN Waste Heat to Power project is progressing with strong engagement from Western Australia’s government-owned electricity retailer Synergy and other power station owners. The technology offers a zero-emission baseload electricity supply by converting waste heat from open cycle gas turbines into power, potentially reducing carbon intensity and generation costs. The company is advancing feasibility studies for a 200MW retrofit at the Kwinana power station, aligning with Australia’s energy transition goals.
Financial Position and Outlook
Volt ended December 2025 with a healthy cash balance of $2.8 million, excluding $2.0 million raised for the 4D Delta acquisition. The company reported net cash from operations of $2.1 million for CY25, up 9.7% from the prior year. Available credit facilities total $3 million, with $2.9 million unused, providing ample liquidity to support ongoing operations and growth initiatives. Executive and non-executive director fees were disclosed, reflecting standard governance transparency.
Overall, Volt Group’s blend of innovative mining equipment, digital asset inspection technology, and zero-emission energy solutions positions it well to capitalise on the mining sector’s evolving ESG and operational efficiency demands.
Bottom Line?
Volt’s strategic moves and technology rollouts set the stage for a transformative 2026, investors will watch closely how 4D Delta integration and EcoQuip expansion translate into sustained growth.
Questions in the middle?
- How quickly will 4D Delta’s revenue and EBITDA contributions scale within Volt’s broader operations?
- What are the timelines and customer commitments for EcoQuip’s planned MSLT fleet rollouts beyond Westgold?
- How will the ATEN Waste Heat to Power project progress through regulatory approvals and commercial deployment?