Core Insights - NanoXplore Inc. is a prominent player in the graphene industry, focusing on the development and production of graphene across various segments, including Advanced Materials, Plastics, Composite Products, and Battery Cells and Materials [1] Financial Performance - For the quarter ending September 16, 2025, NanoXplore reported an EPS of -$0.00735, which was below the estimated EPS of -$0.00648 [2][6] - The company generated revenue of approximately $23.27 million, falling short of the estimated $36.4 million [2][6] - Despite the revenue decline, the adjusted gross margin improved slightly to 24.7% from 23.6% year-over-year [3][6] - The company recorded a loss of $2.3 million, a slight improvement from the $2.4 million loss reported in the previous year [3] Segment Performance - In the Advanced Materials, Plastics, and Composite Products segment, the adjusted EBITDA was $2.7 million, down from $3.3 million the previous year [4] - The Battery Cells and Materials segment showed improvement, with an adjusted EBITDA loss of $222,276 compared to a larger loss of $841,489 last year, indicating potential growth in this area [4] Liquidity and Financial Health - As of June 30, 2025, NanoXplore's total liquidity stood at $28.6 million, including cash and cash equivalents of $18.6 million [5] - The company maintains a low debt-to-equity ratio of 0.22, indicating conservative debt usage [5] - With a current ratio of 2.22, NanoXplore is well-positioned to cover its short-term liabilities, reflecting a strong liquidity position despite current unprofitability [5]
NanoXplore Inc. (OTC:NNXPF) Earnings Report Analysis
Financial Modeling Prep·2025-09-18 21:00