6K Additive (ASX:6KA) Backlog Jumps 52% to US$18.1m on ADDMAN Deal and EXIM Loan

Sonal Goyal

26 October 2026 03:01 PM AEDT

6K Additive (ASX:6KA) Backlog Jumps 52% to US$18.1m on ADDMAN Deal and EXIM Loan

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Key Highlights

Q3 2026 revenue was US$7.2m, up 61% year on year.
Order backlog rose 52% quarter on quarter to US$18.1m.
A 30-month ADDMAN supply agreement is valued at US$8.1m to US$10.8m.
A final US$27.4m EXIM loan agreement was executed after quarter end.

6K Additive, Inc. (ASX:6KA), a US-based manufacturer of metal powders for additive manufacturing and alloy additions for the aluminium industry, released its Appendix 4C and quarterly report on 26 October 2026 for the period ended 30 September 2026.

Revenue and backlog

Revenue was US$7.2 million, up 61% year on year and modestly higher quarter on quarter, equating to an annualised run rate of about US$28.8 million. Powder revenue rose 72% to US$5.5 million and Alloys revenue rose 34% to US$1.7 million. Total order backlog grew 52% quarter on quarter to US$18.1 million.

ADDMAN agreement

The company secured its largest long-term supply agreement to date with ADDMAN, a 30-month full-service program for Alloy 718 powder valued at US$8.1 million to US$10.8 million, combining powder supply, dedicated stocking and closed-loop revert recycling.

Cash flow, capacity and funding

Net cash used in operating activities fell 22% quarter on quarter to US$2.4 million, helped by higher customer receipts. The Burgettstown capacity expansion is progressing, with site infrastructure upgrades under way and the precast building structure substantially completed. After quarter end, the company executed a final US$27.4 million loan agreement with the Export-Import Bank of the United States for additional liquidity to support expansion.

Why This Could Matter

Backlog represents orders not yet delivered, so the 52% increase indicates growth in contracted work rather than revenue already recognised. The EXIM loan relates to funding the capacity expansion that supports delivery of that backlog.

Summing Up

6K Additive (ASX:6KA) reported US$7.2 million of Q3 revenue, an US$18.1 million backlog, the ADDMAN agreement and a US$27.4 million EXIM loan agreement.

FAQs

Q: What was 6K Additive's (ASX:6KA) Q3 2026 revenue?

A: US$7.2 million, up 61% year on year.

Q: How large is the order backlog?

A: US$18.1 million, up 52% on the previous quarter.

Q: What is the ADDMAN agreement?

A: A 30-month Alloy 718 powder program valued at US$8.1 million to US$10.8 million.

Q: What loan was executed?

A: A final US$27.4 million agreement with EXIM.

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