Companies / JNS

JANUS ELECTRIC HOLDINGS LIMITED

ASX:JNSUtilities
128.6M shares on issueASX (delayed) · as of 28 July 2026$0.25price · delayed$34.7Mmarket cap · indicative
D
Dilution grade

Share count grew 144% in 24 months; 11 cash raises in 24 months; runway 4–8 quarters

Cash runway6.2 quarters of funding
Share-count growth (24m)144.1%
Raise cadence (24m)11 cash raises
Options & rights overhang28.9% of shares
In-the-money supply6.9% of shares
Pending proposed issuesopen proposed issue (Appendix 3B)

JANUS ELECTRIC HOLDINGS LIMITED's ordinary share count grew 144.1% between May 2025 and July 2026, to 129M shares. The company raised capital 11 times in that period for total disclosed proceeds of A$43.2M, most recently a A$7.7M placement in July 2026. Options and rights on issue could convert into 37M new shares, equal to 28.9% of the current share count, of which 7% are in the money at the current share price; the nearest expiry is January 2027. At the March 2026 quarter the company reported A$12.0M in available cash, about 6.2 quarters of funding at its recent spending rate. One proposed securities issue (Appendix 3B) is pending with an expected issue date in July 2026.

AI-generated summary of this page's cited filings · updated 28 July 2026
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28.9%
Max option dilution
6.9%
ITM option dilution
6
Raises · last 12 months
6.2 qtrs
Cash cover · over 4 quarters

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 128.6M per ASX (delayed) (28 July 2026).
37.9M78.0M118.1MMay 25Dec 25July 26Cash raise · 22 July 2026Cash raise · 4 May 2026Cash raise · 4 May 2026Cash raise · 2 Apr 2026Cash raise · 29 Sept 2025Cash raise · 26 Sept 2025Cash raise · 28 May 2025Cash raise · 27 May 2025Cash raise · 15 May 2025Cash raise · 15 May 2025Cash raise · 13 May 2025

Cash runway

6.2 qtrs
More than four quarters of funding at the recent spend rate.
$12.0M available cash at quarter ended 31 Mar 2026 · Runway is computed from Appendix 4C/5B filings and announced raise proceeds.
Paid plan
Cash runway history
Quarterly cash, net spend and cover trend from every Appendix 4C/5B on record up to 31 Mar 2026.
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Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityTotal on issue afterSource
14 July 20262A · quoted issueJNS : ORDINARY FULLY PAID128.6MAppendix 2A
6 July 20263G · unquotedJNS : ORDINARY FULLY PAID127.7MAppendix 3G
1 July 20263G · unquotedJNS : ORDINARY FULLY PAID126.3MAppendix 3G
1 July 20263G · unquotedJNS : ORDINARY FULLY PAID126.3MAppendix 3G
1 July 20262A · quoted issueJNS : ORDINARY FULLY PAID127.7MAppendix 2A
Paid plan
Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Capital raises

11 cash raises in the last 24 months · 6 in the last 12 months

$7.7M
Placement
22 July 2026 ACTIVE
Paid plan
Full raise history
Issue price, discount, brokers, purpose and tranche detail for every raise on record.
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Pending proposed issues

1 proposed issue pending — Appendix 3B lodged, securities not yet issued. New shares from these issues are not in the counts above until quoted.
Paid plan
Pending issue detail
Size, price, fees, broker and placement-capacity usage for each pending issue.
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Options & convertible securities

28.9%
Total overhang · of current shares
6.9%
In the money · at current price
37.1M
Potential new shares
Jan 2027
Nearest expiry
Paid plan
Per-line options & expiry cliffs
Each option line — code, strike, expiry, quantity and ITM value — plus the expiry-cliff chart.
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Director dealings

DateDirectorTypeSharesOptionsValueSource
12 July 2026Ben HuttBuy855k——3Y notice
1 July 2026Ben HuttOther—5.3M—3Y notice
1 July 2026Tony FayOther588k——3Y notice
Paid plan
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

23 July 2026Proposed issue of securities - JNS
23 July 2026$PJNS receives firm commitments for A$7.68M placement
22 July 2026$PTrading Halt
19 July 2026North American Order Book Update - Webinar Presentation
16 July 2026North American Order Book Update - Investor Webinar
15 July 2026$PFurther A$45m US Orders Lift North American Book to 112
15 July 2026$PTrading Halt
15 July 2026$PPause in Trading
14 July 2026Change of Director's Interest Notice - Ben Hutt
14 July 2026Application for quotation of securities - JNS
12 July 2026$PA$10m US Truck Conversion Order Lifts Order Book to 45
6 July 2026Notification regarding unquoted securities - JNS
1 July 2026Change of Director's Interest Notice - Tony Fay
1 July 2026Change of Director's Interest Notice - Peter Koller
1 July 2026Change of Director's Interest Notice - Ben Hutt
1 July 2026Notification regarding unquoted securities - JNS
1 July 2026Notification regarding unquoted securities - JNS
1 July 2026Application for quotation of securities - JNS
29 June 2026Key Product Updates and SA SEC Presentation
28 June 2026Change of Director's Interest Notice - Peter Koller

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 July 2026.