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NanoXplore Inc. (V:GRA)

Business Focus: Construction Material Processing

Sector:  Basic Materials Industry:  Construction Materials
See Regulatory Filings on SEDAR
Company Contact
Address: 25 Montpellier Blvd
Tel: 1-514-9351377
IR: See website
Key People
Robert Peter Edward Wildeboer
Chairman of the Board
Soroush Nazarpour
President, Chief Executive Officer, Director
Benoit Gascon
Independent Vice Chairman of the Board
Luc Veilleux
Chief Financial Officer
Rocco Marinaccio
Chief Operating Officer
Liam Farrell
Vice President - Corporate Development
Business Overview
NanoXplore Inc is a Canada-based graphene powder manufacturing company. The Company is a manufacturer and supplier of high-volume graphene powder for use in industrial markets, as well as standard and custom graphene enhanced plastic and composite products. Through its subsidiary, Sigma Industries Inc, the Company is engaged in manufacturing company specializing in the manufacture of composite products. Its subsidiary operates in the markets for heavy trucks, buses, public transit, machinery and wind energy. It sells its products to original equipment manufacturers and distributors in the United States, Canada and Europe.
Financial Overview
For the six months ended 31 December 2019, NanoXplore Inc revenues increased 45% to C$37.7M. Net loss increased 46% to C$4.6M. Revenues reflect United States segment increase from C$8.2M to C$18.2M, Canada segment increase of 11% to C$15.7M. Higher net loss reflects Selling, general and administrative increase of 27% to C$5.7M (expense), Depreciation (production) increase of 71% to C$1.5M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $215.31M as of Dec 31, 2019
Annual revenue (TTM): $81.18M as of Dec 31, 2019
EBITDA (TTM): -$5.77M as of Dec 31, 2019
Net annual income (TTM): -$12.05M as of Dec 31, 2019
Free cash flow (TTM): -$23.88M as of Dec 31, 2019
Net Debt Last Fiscal Year: $15.63M as of Dec 31, 2019
Shares outstanding: 140,226,610 as of Apr 3, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization