NanoXplore reports Q3-2025 results with decreased revenues but improved adjusted EBITDA
From GlobeNewswire: 2025-05-13 17:35:00
NanoXplore Inc. reported Q3-2025 financial results with total revenues of $30.4 million, a 10% decrease from last year. Adjusted EBITDA improved to $1.4 million, up from $572,000 last year. The Corporation’s liquidity stands at $30.7 million with total long-term debt of $4.9 million as of March 31, 2025.
Despite slower sales, NanoXplore’s CFO is pleased with improved adjusted EBITDA and business development. The company is working closely with new customers on graphene powder sales and expects commercialization soon. President & CEO mentioned progress in key growth areas like oil and gas drilling fluids and insulation foam, driving long-term value for stakeholders.
NanoXplore uses non-IFRS financial measures like Adjusted EBITDA and Adjusted gross margin. For Q3-2025, adjusted EBITDA increased to $1.4 million, with $1.3 million from Advanced Materials and $102,000 from Battery Cells. Adjusted gross margin stood at $6.6 million, with a gross margin of $4.8 million. Revenues for Q3-2025 decreased due to lower tooling revenues offset by a positive FX impact.
In the nine-month period ending in 2025, NanoXplore’s revenues from customers increased by 5% to $95.2 million. Other income rose significantly to $2.0 million. The company continues to focus on creating long-term value for stakeholders and is encouraged by progress made in key growth areas for their graphene products. NanoXplore reported an increase in revenue, particularly in tooling revenues, and a positive FX impact. Other income also rose due to grants received for R&D programs. Adjusted EBITDA from Advanced Materials, Plastics, and Composite Products showed significant growth, while the loss from Battery Cells and Materials improved. The corporation will hold a webcast to review its financial performance. NanoXplore is a graphene company providing high-volume graphene powder and graphene-enhanced products. Forward-looking statements cautioned about risks and uncertainties. Contact Pierre Yves Terrisse for more information. 1. In a groundbreaking discovery, scientists have found evidence of water vapor on an exoplanet located 110 light-years away from Earth. This finding raises the possibility of the planet supporting life and gives insight into the potential for habitable worlds beyond our solar system.
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Read more at GlobeNewswire:: NanoXplore Reports Results for its Q3-2025