NanoXplore
Financials
Estimates*
CAD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 62.2m | 66.7m | 92.3m | 123m | 177m | 209m | 213m |
% growth | (9 %) | 7 % | 39 % | 33 % | 44 % | 18 % | 2 % |
EBITDA | (1.8m) | (4.8m) | (9.6m) | (1.6m) | 1.3m | 7.3m | 23.3m |
% EBITDA margin | (3 %) | (7 %) | (10 %) | (1 %) | 1 % | 3 % | 11 % |
Profit | (8.3m) | (11.8m) | (15.5m) | (12.8m) | (11.2m) | (8.2m) | (2.5m) |
% profit margin | (13 %) | (18 %) | (17 %) | (10 %) | (6 %) | (4 %) | (1 %) |
EV / revenue | 3.7x | 10.2x | 5.7x | 4.3x | 2.1x | 1.9x | 2.2x |
EV / EBITDA | -130.3x | -142.2x | -54.3x | -322.9x | 274.7x | 54.4x | 19.8x |
R&D budget | 3.1m | 3.6m | 3.6m | 3.4m | - | - | - |
R&D % of revenue | 5 % | 5 % | 4 % | 3 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | Grant | ||
CAD3.3m | Grant | ||
N/A | N/A | IPO | |
CAD10.0m | Post IPO Equity | ||
$31.0m | Post IPO Debt | ||
* | N/A | CAD25.0m | Private Placement VC |
CAD46.0m | Post IPO Equity | ||
$30.0m | Post IPO Equity | ||
* | N/A | Post IPO Equity | |
* | CAD60.0m | Post IPO Debt | |
Total Funding | €18.9m |
Recent News about NanoXplore
EditNanoXplore is a leading producer of graphene powder, leveraging proprietary and patent-protected manufacturing technology to deliver cost-effective, high-volume solutions. The company operates a fully automated 4,000 metric ton per year facility in Montreal, Quebec, making it the largest graphene powder producer globally according to IDTechEx. NanoXplore serves clients in the electric transportation market, energy storage, and electric truck and bus sectors by enhancing their products with graphene, which is known for being the lightest, strongest, thinnest, and best heat and electricity conducting material discovered to date.
The company has a strong intellectual property portfolio and extensive R&D experience, particularly in integrating graphene into lithium-ion chemistries to improve energy capacity and charging speeds. NanoXplore's business model focuses on selling high-quality graphene powder and graphene-enhanced products to various industries, including transportation, electronics, and packaging. The company generates revenue through direct sales and long-term contracts with major clients.
NanoXplore's shareholder base includes reputable entities such as Martinrea International Inc., Business Development of Canada (BDC), Investissement Quebec, Caisse de dépôt et placement du Québec (CDPQ), and Fidelity. The company recently graduated to the Toronto Stock Exchange, further solidifying its market presence.
Keywords: graphene, energy storage, electric transportation, lithium-ion, R&D, intellectual property, high-volume production, cost-effective, automated facility, Toronto Stock Exchange.