Janus Electric Holdings Ltd (ASX:JNS) has received $1,414,430.26 from the Australian Taxation Office (ATO) in relation to its FY25 tax refund, including $3,527.26 in accrued interest.
The payment has been received in full and will support JNS’s near-term liquidity position.
The funds will assist the company’s continued work on technology development, commercialisation and the rollout of its operations across Australia and overseas.
The update follows an announcement on March 9, 2026, when the company outlined its funding strategy and financial position.
Cashed up to advance battery-electric conversion technology
Earlier in March, Janus secured a $2.75 million R&D finance facility, providing the electric heavy transport company with additional working capital as it advances its battery-electric conversion technology.
The facility was executed through wholly owned subsidiary Janus Energy Pty Ltd with lender Rockford RDF Pty Ltd.
As part of the transaction, Janus repaid a $1.053 million loan from previous lender Rocking Horse Group, leaving the company with about $1.7 million in net new capital.
The company recently highlighted growing commercial momentum in the US after securing additional California orders for its heavy-vehicle electrification system worth about A$1.6 million.
The order, placed through authorised dealer Electric Vehicle Choice (EVC), comprises 2 conversion systems, three pairs of batteries and a Janus Charge and Change Station, according to managing director and CEO Ben Hutt.
The latest order strengthened its commercial footprint in California, which it sees as a key market given policy and regulatory support for zero-emission heavy transport.
