Private company

Vast Renewables Ltd

Vast Renewables Ltd is a heating equipment company.1

Last updated Oct 21, 2026.

Overview

$342.0KRevenue, fiscal 20242
-$293.4MNet income, fiscal 20242
  • IndustryHeating Equipment, Except Electric & Warm Air Furnaces1
  • HeadquartersC31
  • Incorporated inAustralia3
  • Business addressSuite 7.02, 124 Walker Street, North Sydney Nsw, C3 20603
  • Filer categoryNon-accelerated filer, Emerging growth company3

We were incorporated as Vast Solar Pty Ltd, an Australia private company limited by shares, on March 27, 2009. On October 19, 2023, we were renamed Vast Renewables Limited and converted into an Australian public company limited by shares. On December 18, 2023 (the “Closing Date”), we consummated the Capital Reorganisation pursuant to the Business Combination Agreement, pursuant to which, among other things and subject to the terms and conditions contained therein, Merger Sub merged with and into NETC, with NETC continuing as the Surviving Corporation and a wholly owned direct subsidiary of the Company and the Company became a publicly traded company on Nasdaq under the trading symbols "VSTE" and “VSTEW”.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-85802.6%Net margin2
-62.8%Revenue growth, 20242
-$40.4MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Research and development53¢$2.2M
  • Interest47¢$1.9M

Out of $342.0K in revenue.2 The company lost money this year.

Financial statements

Revenue2$342.0K in 2024−82% since 2022
0$500.0K$1.0M$1.5M$2.0M2022: $1.9M$1.9M20222023: $919.0K$919.0K2023−52%2024: $342.0K$342.0K2024−63%
Net income2-$293.4M in 2024+4638% since 2022
-$300.0M-$200.0M-$100.0M02022: -$6.2M-$6.2M20222023: -$15.2M-$15.2M2023+146%2024: -$293.4M-$293.4M2024+1828%
Fiscal year2021202220232024
Revenue$1.9M2$919.0K2$342.0K2
Research and development$1.6M2$1.5M2$2.2M2
Interest$2.1M2$2.5M2$1.9M2
Income before tax-$6.8M2-$15.6M2-$293.4M2
Income tax-$618.0K2-$378.0K2$02
Net income-$6.2M2-$15.2M2-$293.4M2
Earnings per share-$2.882-$7.082-$17.502
Earnings per share (diluted)-$2.882-$7.082-$17.502
Shares (weighted, basic)2.1M shares22.1M shares216.8M shares2
Shares (weighted, diluted)2.1M shares22.1M shares216.8M shares2

Compare Vast Renewables Ltd with another company

Corporate structure

Vast Renewables Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Vast Renewables Ltd

  • Thomas John Corley Filed SCHEDULE 13G/A on Vast Renewables Ltd, latest Oct 1, 2025 (5 filings since May 8, 2025)
  • HIGHBRIDGE CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Vast Renewables Ltd, latest Aug 14, 2025
  • Goldman Sachs Filed SCHEDULE 13G on Vast Renewables Ltd, latest Aug 7, 2025
  • AgCentral Energy Pty Ltd. Filed SCHEDULE 13D/A on Vast Renewables Ltd, latest May 14, 2025 (11 filings since Feb 5, 2024)
  • Nabors Lux 2 S.a.r.l. Filed SC 13D/A on Vast Renewables Ltd, latest Jan 16, 2024 (2 filings since Jan 3, 2024)
  • Anthony G. Petrello Filed SC 13D on Vast Renewables Ltd, latest Jan 3, 2024
  • Vast Renewables Ltd C3

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Vast Renewables Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$62.0K2 Jun 30, 2024$30.0K2 Jun 30, 2023+106.7%
Operating-lease assets (leased space)$379.0K2 Jun 30, 2024$45.0K2 Jun 30, 2023+742.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$11.1M2 Jun 30, 2024$2.1M2 Jun 30, 2023+437.9%

Former names

  • Vast Solar Pty LtdFeb 14, 2023 to Oct 16, 20233

Filings

101 filings to the SEC since October 2021: 2 annual reports, 21 large holders, 78 other. The latest 20:

  1. Oct 1, 2025SCHEDULE 13G/A EDGAR
  2. Aug 14, 2025SCHEDULE 13G EDGAR
  3. Aug 7, 2025SCHEDULE 13G EDGAR
  4. Jul 1, 2025SCHEDULE 13G/A EDGAR
  5. Jun 27, 202515-12G CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION EDGAR
  6. Jun 5, 2025SCHEDULE 13G/A EDGAR
  7. May 30, 2025EFFECT EDGAR
  8. May 29, 2025POS AM F-3/A EDGAR
  9. May 29, 2025S-8 POS EDGAR
  10. May 15, 202525 EDGAR
  11. May 14, 2025SCHEDULE 13G/A EDGAR
  12. May 14, 2025SCHEDULE 13D/A EDGAR
  13. May 12, 2025SCHEDULE 13D/A EDGAR
  14. May 8, 2025SCHEDULE 13G EDGAR
  15. May 6, 20256-K EDGAR
  16. Apr 11, 20256-K EDGAR
  17. Mar 26, 20256-K EDGAR
  18. Mar 14, 2025SCHEDULE 13D/A EDGAR
  19. Mar 12, 20256-K EDGAR
  20. Mar 12, 20256-K EDGAR

The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Vast Renewables Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVast Renewables Ltd1
  • CIK0001964630
  • Filer statusNon-accelerated filer<br>emerging growth company1
  • Incorporated inAustralia1
  • Fiscal year endsJune 301
  • Industry code (SIC)3433 Heating Equipment, Except Electric & Warm Air Furnaces1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressSuite 7.02, 124 Walker Street, North Sydney Nsw, C3 20601
  • Phone61-04196192941
  • Shares outstanding29,973,504 as of Jun 30, 20242
  • On EDGAR sinceFeb 14, 20231
  • Filings134 in all: 425 (33), 6-K (24), CORRESP (8), UPLOAD (8), 424B3 (6), EFFECT (6), SCHEDULE 13D/A (6), F-4/A (5)1
    All 29 form types

    SC 13D/A (5), POS AM (4), SCHEDULE 13G/A (4), SC 13D (3), SCHEDULE 13G (3), 144 (2), DRS (2), SEC STAFF LETTER (2), 15-12G (1), 20-F (1), 20-F/A (1), 20FR12B (1), 25 (1), 8-A12B (1), CERT (1), DRSLTR (1), F-1 (1), F-1/A (1), F-4 (1), S-8 (1), S-8 POS (1)

  • Latest filingsAnnual report (20-F) Sep 9, 2024