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Liontown Limited (LINRF) Q3 2026 Earnings Call Transcript
SA Transcripts · 2026-04-30 · via All Articles on Seeking Alpha

Liontown Limited (LINRF) Q3 2026 Earnings Call April 29, 2026 10:00 PM EDT

Company Participants

Antonino Ottaviano - CEO, MD & Director
Ryan Hair - Chief Operating Officer
Greg Jason - Chief Financial Officer
Grant Donald - Chief Commercial Officer

Conference Call Participants

Austin Yun - Macquarie Research
Stuart Howe - Bell Potter Securities Limited, Research Division
Jacob Li - Barrenjoey Markets Pty Limited, Research Division
Ben Lyons - Jarden Limited, Research Division

Presentation

Operator

Welcome to the Liontown March quarterly call. [Operator Instructions] I will now hand over to Tony Ottaviano, Managing Director and Chief Executive Officer of Liontown.

Antonino Ottaviano
CEO, MD & Director

Thank you, Luca, and good morning, everyone. Before I launch into the presentation, I'd just like to introduce who else is going to accompany me on this presentation. There's Ryan Hair, Chief Operating Officer. We've got Greg Jason, our CFO; and we've also got Grant Donald, our Chief Commercial Officer. I'll start by saying this is a defining quarter for Liontown. So if we go to the next slide, please, Luca.

There are 5 things I want you to take away from today and mirroring what's been said on this slide. So firstly, cash on hand grew by $33 million this quarter, closing at $424 million. Operating cash flow alone was $55 million, and Greg will show this in a later slide. And for the first time since production commenced, the operating cash flow funded the business in full.

After capital investment in the asset and net financing flows, we will still end the quarter well ahead. This is the strongest financial quarter since production commenced. It's also worth noting that the Port of Geraldton was closed for several days at the end of the quarter due to the cyclone threat by Cyclone Narelle. That delayed 2 of our shipments, slipped into April