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NanoXplore Inc T.GRA

Alternate Symbol(s):  NNXPF

NanoXplore Inc. is a Canada-based graphene company. The Company and its subsidiaries are engaged in manufacturing and supplying high-volume graphene powder for use in industrial markets. The Company operates through two segments: Advanced materials, plastics and composite products, and Battery cells. Its Advanced materials, plastics and composite products segment provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Its Battery cells segment provides silicon-graphene-enhanced Li-ion battery for the Electric Vehicle and grid storage markets. The Company's Carbon Technology Group specializes in the sale of its graphene powder, GrapheneBlack. GrapheneBlack powder is suitable for a wide range of applications, it is especially useful for improving the properties of plastics and polymers. It has manufacturing facilities across North America and Europe.


TSX:GRA - Post by User

Post by Directvoiceon Feb 14, 2024 12:32pm
160 Views
Post# 35880010

Many thinks to like in NanoXplore presentation

Many thinks to like in NanoXplore presentation

The recent financial reports from NanoXplore reveal an interesting development: a decrease in the loss per share from 3 cents to 1 cent. While still negative, this 100% improvement suggests progress towards profitability.

Furthermore, the company's strategic shift towards specialized batteries for military and drone applications is intriguing. These markets offer higher profit margins (10-15%) compared to the fiercely competitive EV battery space with its lower margins (5%). This targeted approach could position NanoXplore for significant future growth.

What do you think, fellow investors?

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