High Gross MarginA 91.8% gross margin indicates durable production economics and pricing power for Nanoco's quantum-dot materials. High factory-level margins support scalability and attractive unit economics for licensing or contract manufacturing, cushioning the business while SG&A and R&D are managed.
Image Sensor Leadership & CapacityNanoco's indium arsenide performance, multiple joint development agreements and manufacturing capacity for hundreds of millions of sensors create a durable competitive edge. Strategic partnerships and scale capacity reduce commercialization risk and position it to capture structural growth in image-sensor demand.
Extended Cash RunwayA roughly 30% reduction in cash burn, a GBP 14m year-end cash balance and a low monthly cash cost base materially extend runway. This durable improvement gives management time to execute JDAs, commercialise image-sensor products and pursue value-accretive strategic options without immediate financing pressure.