Highlights

  • Delorean Corporation shares rose 1.14% to AUD 0.089 during the morning session on 14 May 2026.
  • The company announced receipt of a FY2025 R&D tax cash refund totalling AUD 5.76 million.
  • The refund relates to eligible Research and Development expenditure incurred during FY2025.
  • Delorean also expects an additional R&D-related cash refund next financial year linked to FY2026 expenditure.
  • The company operates across renewable energy and waste management through its bioenergy platform.

Delorean Corporation Ltd (ASX:DEL) shares traded modestly higher during the morning session on 14 May 2026 after the company announced it had received a AUD 5.76 million Research and Development (R&D) tax cash refund for FY2025.

The stock rose 1.14% to AUD 0.089 following the update, with investors responding to the additional cash inflow linked to the Australian Federal Government’s R&D Tax Incentive program. Despite today’s gain, Delorean shares remain approximately 44.38% lower over the past 12 months.

According to the company, the refund relates to eligible research and development expenditure incurred during FY2025.

Delorean also stated that it expects to receive an additional cash refund in the next financial year associated with eligible expenditure incurred during FY2026.

The company described the refund as part of the Australian Government’s R&D Tax Incentive framework, which provides cash refunds to eligible Australian companies undertaking qualifying research and development activities.

Government Incentive Program Supports Eligible R&D Activities

The R&D Tax Incentive program is designed to encourage Australian companies to invest in innovation and development activities by providing refundable tax offsets for eligible expenditure.

Delorean confirmed that the AUD 5.76 million refund has now been received in cash.

The company did not provide a detailed breakdown of the specific projects or development activities linked to the eligible expenditure but noted that the refund relates to FY2025 research and development spending.

Management also indicated that additional R&D-related expenditure incurred during the current financial year may support a further refund in FY2027.

For companies operating in technology, renewable energy and infrastructure-related sectors, the R&D Tax Incentive program can provide supplementary funding support for development activities and project advancement.

Delorean Continues Focus on Bioenergy Infrastructure

Delorean Corporation operates within the renewable energy and waste management sectors through its integrated bioenergy Business model.

The company specialises in the design, construction, ownership and management of bioenergy infrastructure projects.

According to Delorean, its operations span multiple divisions including engineering, infrastructure and energy retail.

The company stated that its vertically integrated structure allows it to manage projects across the full development lifecycle, including processing organic waste, generating renewable energy and commercialising electricity, heat and gas outputs.

Delorean’s projects are designed to reduce volumes of organic waste sent to landfill while generating renewable energy products and multiple Revenue streams.

Market Focus Remains on Funding and Project Execution

Although the latest announcement was relatively brief, the receipt of a multi-million-dollar cash refund may still be viewed positively by investors monitoring Delorean’s funding position and operational development activities.

Cash inflows associated with government incentive programs can provide additional Balance Sheet support, particularly for companies operating in Capital-intensive sectors such as renewable energy infrastructure.

The company did not release additional operational or project-specific updates alongside the refund announcement.

However, investors are likely to continue monitoring Delorean’s future project execution, funding activities and broader progress across its renewable energy platform.

What This Means for Investors

Delorean Corporation’s latest update confirms receipt of a AUD 5.76 million R&D tax refund linked to eligible FY2025 expenditure.

The refund provides additional funding support as the company continues operating across the bioenergy, renewable energy and waste management sectors.

Investors are also likely to monitor whether Delorean receives the additional anticipated refund linked to FY2026 expenditure in the next financial year.