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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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