NanoXplore Inc. Reports Q3-2025 Financial Results

Montreal, May 13, 2025 — NanoXplore Inc., a leading Canadian material technology company specializing in graphene-based solutions, has released its financial results for the third quarter of 2025. The company, which operates on the Toronto Stock Exchange under the ticker symbol GRA, has shown notable financial performance despite a challenging market environment.

Financial Highlights

For the quarter ending March 31, 2025, NanoXplore reported total revenues of CAD 30.4 million, a 10% decrease from the CAD 33.9 million reported in the same period last year. Despite the decline in revenue, the company achieved an adjusted gross margin of 22.4%, an improvement from 20.9% in the previous year. This indicates a stronger cost management and operational efficiency.

The company reported a loss of CAD 1.7 million for the quarter, a significant improvement from the CAD 3.1 million loss in the same quarter of the previous year. This reduction in loss is attributed to an increase in adjusted EBITDA, which rose to CAD 1.4 million from CAD 0.6 million last year. The Advanced Materials, Plastics, and Composite Products segment contributed significantly to this improvement, with an adjusted EBITDA of CAD 1.3 million, up from CAD 1.3 million last year. The Energy Storage segment also showed progress with an adjusted EBITDA of CAD 0.1 million.

Market Outlook and Analyst Expectations

Ahead of its scheduled financial conference on May 13, 2025, analysts have provided their expectations for NanoXplore’s performance. Seven analysts anticipate an average earnings per share (EPS) loss of CAD 0.014, an improvement from the CAD 0.020 loss per share in the previous year. Revenue projections are optimistic, with analysts expecting a 4.13% increase to CAD 35.3 million from CAD 33.9 million in the prior year.

For the full fiscal year, analysts project an average EPS of CAD 0.053, indicating a potential turnaround from the previous year’s loss of CAD 0.070 per share. Revenue forecasts for the fiscal year are also positive, with expectations of CAD 142.3 million, up from CAD 130.0 million in the previous year.

Strategic Focus and Future Prospects

NanoXplore continues to focus on expanding its graphene-based product offerings across various industries, including transportation, electronics, packaging, performance clothing, and energy storage. The company’s strategic initiatives aim to leverage its technological expertise to capture growth opportunities in these sectors.

As NanoXplore prepares to present its full financial results and strategic outlook at the upcoming conference, stakeholders are keenly watching for further insights into the company’s plans to enhance its market position and drive sustainable growth.

With a market capitalization of CAD 409.5 million and a close price of CAD 2.41 as of May 8, 2025, NanoXplore remains a key player in the materials sector, particularly in the burgeoning field of graphene technology. The company’s ability to navigate market challenges and capitalize on emerging opportunities will be critical in shaping its future trajectory.