Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

California Nanotechnologies Corp. (V:CNO)

Business Focus: Industrial Machinery & Equipment (NEC)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
Company Contact
Address: 17220 Edwards Rd
CERRITOS CA 90703-2426
Tel: 1-562-9915211
Website: www.calnanocorp.com
IR: See website
Key People
Eric Eyerman
Chief Executive Officer, Director
   
Business Overview
California Nanotechnologies Corp. is engaged in the development of nanocrystalline materials through grain size reduction. The Company's core technologies include Spark Plasma Sintering (SPS) and Cryogenic Milling. SPS is an advanced sintering and bonding technique for all varieties of materials including metallic alloys, high-temp ceramics, high entropy alloys, and everything in between. It provides powder consolidation and material bonding toll services via its multiple SPS systems for everything from fundamental research and development to production. Cryogenic Milling is a powder processing technique used for particle size reduction (to nano scale), mechanical alloying and nano-grain refinement. It provides toll services for research and development along with production and has multiple milling systems on-site. Other services offered by the Company are spark plasma sintering and hot-pressing tooling fabrication and design, wire electrical discharge machining (EDM), and others.
Financial Overview
For the nine months ended 30 November 2023, California Nanotechnologies Corp revenues increased from $1M to $2.4M. Net income increased from $89K to $763K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest expense - Balancing value decrease of 15% to $69K (expense), Other income/(expense) increase of 82% to $13K (income).
Reporting Currency: U.S. Dollars
Enterprise value: $23.62M as of Nov 30, 2023
Annual revenue (TTM): $3.68M as of Nov 30, 2023
EBITDA (TTM): $1.07M as of Nov 30, 2023
Net annual income (TTM): $1.02M as of Nov 30, 2023
Free cash flow (TTM): $0.44M as of Nov 30, 2023
Net Debt Last Fiscal Year: $0.28M as of Nov 30, 2023
Shares outstanding: 44,053,750 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization