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Graphene Manufacturing Group Ltd
(GMG)
Graphene Manufacturing Group Ltd (GMG) vs. iShares MSCI Canada ETF (EWC)
Graphene Manufacturing Group Ltd Business Overview & Revenue Model
Graphene Manufacturing Group Ltd Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 294.86K | 170.06K | 54.43K | 246.37K | 110.74K |
| Gross Profit | -446.15K | -280.90K | -256.73K | 56.76K | -47.20K |
| EBITDA | -5.30M | -11.24M | -6.81M | -5.60M | -1.67M |
| Net Income | -7.40M | -9.32M | -11.77M | -8.11M | -2.07M |
Balance Sheet | |||||
| Total Assets | 15.24M | 15.96M | 16.68M | 4.94M | 1.90M |
| Cash, Cash Equivalents and Short-Term Investments | 3.98M | 4.65M | 12.26M | 3.36M | 658.56K |
| Total Debt | 1.35M | 1.31M | 1.03M | 0.00 | 0.00 |
| Total Liabilities | 6.70M | 7.26M | 6.58M | 2.91M | 218.00K |
| Stockholders Equity | 8.54M | 8.69M | 10.10M | 2.03M | 1.68M |
Cash Flow | |||||
| Free Cash Flow | -7.69M | -13.99M | -7.63M | -3.63M | -2.30M |
| Operating Cash Flow | -4.99M | -10.55M | -6.57M | -3.35M | -2.16M |
| Investing Cash Flow | -2.70M | -3.44M | -1.08M | 1.90M | -155.71K |
| Financing Cash Flow | 7.09M | 6.36M | 16.55M | 4.11M | 1.15M |
Graphene Manufacturing Group Ltd Technical Analysis
Graphene Manufacturing Group Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | C$72.01M | ― | -72.52% | ― | -9.37% | 22.80% | |
57 Neutral | £2.53B | 5.03 | -9.48% | 4.25% | 5.28% | -6.27% | |
56 Neutral | C$25.69M | 86.54 | -13.57% | ― | 90.55% | -127.18% | |
47 Neutral | C$66.71M | ― | -96.25% | ― | 203.80% | 16.89% | |
45 Neutral | C$102.58M | ― | -51.47% | ― | ― | 13.34% | |
41 Neutral | C$636.10K | 150.00 | ― | 109.13% | ― |
Graphene Manufacturing Group Ltd Corporate Events
Graphene Manufacturing Group Ltd has been granted a patent for its Graphene Aluminium Ion Battery in Australia and is working on patenting in other countries. The company has entered a new Collaborative Research Agreement with the University of Queensland to further develop this technology, supported by Australian Government funding. This collaboration aims to enhance the commercialization of the battery, which could significantly impact GMG’s operations and industry positioning. Additionally, GMG has shifted focus from constructing a battery pilot plant in Australia to collaborating with the Battery Innovation Center in the USA for the next development phase.
The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.
Graphene Manufacturing Group Ltd. has announced an equity distribution agreement with Cantor Fitzgerald Canada Corporation, allowing the company to sell ordinary shares to raise up to C$20 million. The proceeds will support ongoing operations, including commercial and product development, enhancing GMG’s market positioning and operational capabilities.
The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.
Graphene Manufacturing Group Ltd has commenced sales of its G® Lubricant product across several global markets, including Australia, the UK, Europe, China, Canada, and the US. The company is working on regulatory approvals in Europe and the US to expand its market reach. GMG is also exploring partnerships with large oil and gas companies and OEMs, while actively promoting the product through various advertising campaigns. The company is scaling its sales team and production capabilities to meet growing demand, indicating a strategic push to solidify its position in the lubricant market.
The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.
Graphene Manufacturing Group Ltd. announced successful internal testing of its G® Lubricant, which demonstrated a 10% increase in energy efficiency and a 33% reduction in particulate emissions when used in a diesel engine. This advancement could significantly impact the company’s market positioning by offering a more environmentally friendly solution for diesel engines, potentially attracting stakeholders interested in sustainable energy solutions.
The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.
Graphene Manufacturing Group Ltd has approved an investment of AU$900k for the early works of a new 10 tonne per annum Gen 2.0 Graphene Manufacturing Technology plant in Queensland, Australia. This plant, expected to be operational by June 2026, will leverage GMG’s advanced plasma technology to significantly enhance production efficiency and reduce costs. The initiative marks a strategic milestone for GMG, potentially improving its market position by enabling global replication of its production process and paving the way for future expansions, particularly in North America where natural gas is abundant and cost-effective.
The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.
Graphene Manufacturing Group Ltd has launched a new website, www.g-lubricant.com, to directly market its G® Lubricant, a graphene liquid concentrate designed to enhance the performance of diesel and gasoline engines. The product has demonstrated up to 8.4% fuel efficiency improvements in controlled tests and 13% in recent performance testing, along with a 27% reduction in NOx emissions. GMG is targeting various markets with different pack sizes and is in discussions with potential global distributors and original equipment manufacturers to expand its reach.
The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.
Graphene Manufacturing Group Ltd announced a quarterly update on its at-the-market equity program, which allows the company to issue and sell shares to the public. During the period ending March 31, 2025, GMG issued 866,500 shares, raising gross proceeds of C$690,196.80. This initiative helps GMG to secure funding for its ongoing projects and supports its strategic focus on scaling up commercial capabilities and market applications.