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NanoXplore reports Q2-2026 financial results.
Summary
NanoXplore reported Q2-2026 revenues of $27,580,290, a 17% decline year-over-year, and an adjusted EBITDA of $224,355 for the quarter.
Content
NanoXplore reported its financial results for the three- and six-month periods ended December 31, 2025. The release provides revenue, margin, EBITDA and liquidity figures and explains certain non‑IFRS measures used by the company. Management described operational steps taken during the quarter and a strategic change of direction on a planned initiative. The company also scheduled a webcast to review the results.
Key facts:
- Total revenues for Q2-2026 were $27,580,290, down 17% from $33,120,886 in the prior year period.
- Adjusted gross margin on revenues from customers was 21.5%, compared with 21.3% last year.
- The quarter showed an IFRS loss of $3,836,406 versus a loss of $2,894,922 in the prior year, and an adjusted EBITDA of $224,355 for the period.
- Segment adjusted EBITDA was $180,967 for Advanced Materials, Plastics and Composite Products (down from $1,319,926 last year) and $43,388 for Battery Cells and Materials (improved from a loss of $217,876 last year).
- Total liquidity as at December 31, 2025 was $40,144,435, including cash and cash equivalents of $30,144,435.
- Total long-term debt as at December 31, 2025 was $13,922,418, an increase of $9,609,494 compared with June 30, 2025, and management announced it will not pursue the previously contemplated $100 million active anode material (CSPG) initiative.
Summary:
NanoXplore reported lower revenues for the quarter alongside a return to positive adjusted EBITDA, while recording an IFRS loss for the period. Management highlighted operational work such as installation of a dry-process graphene platform and new customer program launches. A webcast to review the three- and six-month results is scheduled for February 11, 2026 at 10:00 am EST, and the company’s MD&A and consolidated financial statements are available on its website.
