Nanoxplore (TSE:GRA) has released an update.
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NanoXplore Inc., a leader in graphene technology, has reported a robust financial performance for Q3-2024 with record revenues of $33.9 million, a 7% increase from Q3-2023, and a significant improvement in gross margins and EBITDA. The company has seen a strong demand for its Advanced Material Segment solutions, resulting in market share gains and maintaining its annual revenue guidance at $130 million. With improved operational efficiencies and an expanded credit facility, NanoXplore is poised for sustained growth into fiscal 2025.
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