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A4N

Alpha Hpa

Materials

Alpha HPA Limited operates as a specialty metals and technology company based in Queensland, Australia. The company focuses on the production of high-purity alumina (HPA) utilizing its proprietary smart refining process. As a key player in the emerging HPA market, Alpha HPA aims to provide materials critical to the energy storage and LED lighting sectors, distinguishing itself through innovative technology and cost-efficient production.

Short position

short percentage5.95%
reported shorts86.4M
shares on issue1.452B

Alpha Hpa (ASX:A4N) has 5.95% of its shares on issue reported as short positions as of 5 Oct 2026, or about 86,415,010 shares. Over the past 30 days that figure has risen 0.10 percentage points, and over 90 days it has risen 0.14 percentage points. Its highest recorded short interest was 8.21% in August 2026. A4N is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Alpha Hpa (A4N) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$747.1Kvs $317.5K (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
−$42.7Mvs −$32.6M (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
−$0.034vs −$0.029 (FY25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+135.3%FY
EPS YoY
n/aTTM

Key ratios

Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026

Gross margin
−291.8%
Operating margin
−6,508.6%
Net margin
−5,709.2%
FCF margin
−26,890.2%
ROE
−13.5%
ROA
−10.7%
FCF conversion
n/a
Net cash (excl. leases)
$113.3M
Net debt / EBITDA
n/a
Current ratio
3.4×
Interest cover
−314.5×
Cash dividends paid / net profit
n/a
Market cap
$798.5M
P/E
n/a
P/B
1.9×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

A4N income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$747.1K$317.5K$44.1K$16.1K
Gross profit−$2.2M$317.5K$44.1K$3.1K
Operating income−$48.6M−$43.6M−$29.8M−$17.7M
EBITDA−$37.1M−$28.9M−$22.8M−$16.7M
EBIT−$42.5M−$32.2M−$24.8M−$17.7M
Interest expense$154.6K$314.8K$218.8Kn/a
Pretax income−$42.7M−$32.6M−$25.0M−$15.7M
Tax$0$0$0$0
NPAT−$42.7M−$32.6M−$25.0M−$15.7M
Net interest income$3.1M$6.3M$1.4M$439.7K
EPS basic−$0.034−$0.029−$0.027−$0.019
EPS diluted−$0.034−$0.029−$0.027−$0.019
Shares1.45B1.14B1.13B857.8M