GCM’s VHD technology clears key tests as first product sales emerge

• First VHD product revenue recorded through DigiKey, although audited revenue remained nil
• FY26 net loss widened to A$6.718 million from A$2.558 million
• Cash ended the year at A$6.710 million after A$5.027 million of operating outflows
• UNSW testing reported VHD conductivity 1.3 times copper and 3 times aluminium