Bolt Projects sees FY25 revenue $4.5M

Sees FY25 gross profit margin over 20%, supported by an estimated 38% gross profit margin in Q4. “Our expected fiscal year 2025 financial performance reflects the growing validation of Bolt’s’ technology and commercial strategy,” said Dan Widmaier, chairman and CEO. “Revenue growth was driven by increased demand for our Vegan Silk Technology Platform from brand partners seeking high performing and sustainable material solutions. Bolt’s continued improvements in process efficiency also strengthen our ability to scale. We believe our differentiated platform and expanding partner ecosystem create a strong foundation for future growth with Bolt well positioned to capitalize on increasing demand for sustainable and high-performance materials.”