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Zentek Ltd. (V:ZEN)

Business Focus: Biotechnology & Medical Research (NEC)

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
Company Contact
Address: 24 Corporate Ct
GUELPH ON N1G 5G5
Tel: N/A
Website: https://www.zentek.com
IR: See website
Key People
Gregory Fenton
Chief Executive Officer, Director
Wendy Ford
Chief Financial Officer
Colin Van Der Kuur
Vice President - Science and Research
Ryan Shacklock
Vice President - Strategy, Business Development and Investor Relations
   
Business Overview
Zentek Ltd. is a Canada-based graphene technology company. The principal business of the Company is to develop opportunities in the graphene and related nano-materials industry based on its intellectual property, patents and unique Albany graphite. The Company is focused on the research, development, and commercialization of graphene-based products. The Company's technology helps filter and deactivate pathogens to reduce the risk of transmission. The Company is focused on commercializing ZenGUARD, which is a hydrophilic, water attracting coating that adsorbs bacteria and virus-laden aerosols and deactivates them, increasing public safety, and reducing the risk of transmission of COVID and other pathogens. The Company is developing a graphene-based fuel additive that can reduce greenhouse gas (GHG) emissions from diesel and bio-diesel fuels. The Company's developments include Aptamers & Rapid Detection and Graphene-Oxide Synthesis & Graphene Synthesis.
Financial Overview
For the six months ended 30 September 2024, Zentek Ltd revenues increased 82% to C$21K. Net loss decreased 15% to C$5.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Research and development decrease of 90% to C$97K (expense), Salaries and benefits decrease of 20% to C$1.6M (expense), Consulting fees decrease of 76% to C$75K (expense).
Employees: 25 as of Mar 31, 2024
Reporting Currency: Canadian Dollars
Enterprise value: $161.10M as of Sep 30, 2024
Annual revenue (TTM): $0.04M as of Sep 30, 2024
EBITDA (TTM): -$9.78M as of Sep 30, 2024
Net annual income (TTM): -$10.74M as of Sep 30, 2024
Free cash flow (TTM): -$7.03M as of Sep 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 104,064,815 as of Sep 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization