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Papyrus edges toward commercial launch despite a fragile balance sheet
4:14pm on Tuesday 22nd of September, 2026 AEST
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Industrial Technology
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Papyrus edges toward commercial launch despite a fragile balance sheet
4:14pm on Tuesday 22nd of September, 2026 AEST
Key Points
Estimated $4.2 million TBS contract over 3.5 years
Commercial-scale Collar Keeper samples delivered for acceptance testing
FY26 loss narrowed to $1.48 million from $2.83 million
Cash fell to $257,077 while current liabilities reached $1.38 million
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Papyrus Australia (ASX:PPY)
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