Graphene Manufacturing Group Ltd. (V:GMG)
Business Focus: Composites
| Sector: Basic Materials | Industry: Specialty Chemicals |
| Company Contact | |
| Address: | Unit 5, 848 Boundary Rd, Richlands QLD 4077 |
| Tel: | N/A |
| Website: | https://www.graphenemg.com |
| IR: | See website |
| Key People | ||
| Craig Nicol Chief Executive Officer, Managing Director, Executive Director | Scott Richardson Interim Chief Financial Officer | Lisa Jane Roobottom Chief Operating Officer | Paul Robert Mackintosh Chief Health, Safety, Environment, Quality, Risk, and Sustainability Officer |
| Business Overview |
| Graphene Manufacturing Group Limited is a clean-technology company. The Company seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. It has developed a proprietary production process to decompose natural gas (methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces scalable, tunable and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company focus to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, it has focused on graphene enhanced heating, ventilation, and air conditioning (HVAC-R) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, the Company and the University of Queensland are working to progress research and development and commercialization of G+AI batteries. |
| Financial Overview |
| For the six months ended 31 December 2023, Graphene Manufacturing Group Ltd revenues increased 78% to A$159K. Net loss decreased 26% to A$3.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Gain / (loss) on change in fair value of increase of 60% to A$2.5M (income), Share based payments expense decrease of 56% to A$487K (expense), Amortization of Patents. |
| Reporting Currency: | Australian Dollars |
| Enterprise value: | $29.11M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.22M as of Dec 31, 2023 |
| EBITDA (TTM): | -$9.75M as of Dec 31, 2023 |
| Net annual income (TTM): | -$7.16M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$10.94M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 84,833,342 as of Apr 15, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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