NanoXplore Inc. (OTC:NNXPF) Earnings Report Analysis

• Earnings per share (EPS) of -$0.00735, missing the estimated EPS of -$0.00648.
• Reported revenue of approximately $23.27 million, below the estimated $36.4 million.
• Adjusted gross margin improved slightly to 24.7% from 23.6% last year.

NanoXplore Inc. (OTC:NNXPF) is a leading company in the graphene industry, focusing on the development and production of graphene and its applications across various segments, including Advanced Materials, Plastics, and Composite Products, as well as Battery Cells and Materials. Despite facing stiff competition, NanoXplore continues to innovate in its field.

On September 16, 2025, NanoXplore reported its earnings, revealing an EPS of -$0.00735, which was below the estimated EPS of -$0.00648. The company generated a revenue of approximately $23.27 million, falling short of the estimated $36.4 million.

Despite the revenue decline, NanoXplore's adjusted gross margin improved slightly to 24.7% from 23.6% last year. The company recorded a loss of $2.3 million, a slight improvement from the $2.4 million loss reported in the previous year. The adjusted EBITDA for the quarter was $2.5 million, nearly unchanged from last year's $2.5 million, indicating stable operational performance despite financial challenges.

In the Advanced Materials, Plastics, and Composite Products segment, the adjusted EBITDA was $2.7 million, down from $3.3 million the previous year. However, the Battery Cells and Materials segment showed improvement, with an adjusted EBITDA loss of $222,276 compared to a larger loss of $841,489 last year. This improvement suggests potential growth in the battery segment, which could be a key area for future development.

As of June 30, 2025, NanoXplore's total liquidity stood at $28.6 million, including cash and cash equivalents of $18.6 million. The company maintains a low debt-to-equity ratio of 0.22, indicating conservative debt usage. With a current ratio of 2.22, NanoXplore is well-positioned to cover its short-term liabilities, reflecting a strong liquidity position despite its current unprofitability.