Graphene Laboratories

G6 Materials Corporation announced its latest quarterly results for the quarter that ended on November 2022. Revenues increased to $490,527 (up from $320,204 last year) and net loss was $911,886, up from a net loss of $610,265 last year.

Gross profit, however, increased from $39,383 to $201,471 primarily due to a change in product sales mix. In July 2022, G6M announced the launch and immediate availability of the Breathe+ Pro Advanced Antimicrobial Graphene Air Filtration System.

G6 Materials is launching new ready-to-use graphene-enhanced electrically-conductive adhesives. The G6 Epoxy materials are made from from graphene and silver, and these adhesives are ready-to-use, excellent for quick and easy applications.

G6 Materials has opened an Amazon shop, where you can find a broad range of innovative electrically conductive adhesives based on the company's proprietary fillers. The mixing procedure does not require any additional materials, keeping your workspace clean and tidy.

G6 Materials has announced that its wholly owned subsidiary, Graphene Laboratories (GLI), has entered into a Strategic Partnership Agreement with Singapore-based MADE Advance Materials. The collaboration between GLI and MADE will be focused on production collaboration and the potential joint development of intellectual property.

MADE is a company that aims to introduce a new way of development in the next generation of graphene/fiber-reinforced composite materials. MADE works within the automotive, marine, and lifestyle industries.

G6 Materials Corporation announced its FY2022 results for the year that ended on May 31, 2022. Revenues were $1.35 million, down from $1.94 million last year, primarily due to restructuring a change in sales mix by shifting the Company’s focus to the launch of its own brand of air purifiers.

The company's net loss for the year was $4.9 million, up from $0.94 million last year, primarily due to the $2,776,756 write-down of the value of its investment in GX Technologies due to the asset being deemed to be not ready for use and due to lower sales of air purification products. G6 says, however, that it is optimistic regarding the improvement in gross profit, and it expects revenues to increase in the near future as more of its air purification units became available for purchase by consumers through third-party websites. In fact, you can find the Breath+ Pro at Amazon.com, for $349.

Graphene developer G6 Materials reported its financial results for Q1 2022 (ended February 2022). The company's revenues were $337,921, up 28% from last year, and the total loss increased 26% to $404,152.

As of February 28, 2022, total assets were $6.9 million. The company says it saw continued strong demand for its innovative formulations, along with impressive customer response to the relaunch of Graphene Supermarket. The company will soon launch its Breathe+ Pro medical grade air purifier product, and together with several major customer deals in the pipeline, it anticipates a very strong quarter.

G6 Materials has published its financial results for the quarter that ended on November 30, 2021. Revenues reached $320,000 (a 6% decrease from the last quarter), while the net loss decreased by 7% to $610,000.

G6M updates that it has recently secured an exclusive five-year supply agreement with an EU-based global microconnector company. G6 shall supply its products for a variety of smartcard applications. The company's subsidiary Graphene Laboratories had also recently entered into a Testing Services Agreement with the U.S. Army Engineer Research & Development Center to assess the ability of graphene oxide materials to solve environmental challenges through the adsorptive removal of contaminants.

G6 Materials (Formerly called Graphene 3D Lab) has installed a new pilot-scale graphene oxide (GO) reactor at its Ronkonkoma New York facility.

G6M says that the new reactor increases the company’s GO production capacity five-fold. The first batch of graphene oxide from the New Reactor was produced on November 26, 2021.

G6 Materials (Formerly called Graphene 3D Lab) reported its financial results for its fiscal year which ended on May 31, 2021. The company's revenues reached $1.9 million, a 110% increase from last year. G6M attributes most of its growth to strong demand for its air purification products and graphene-related consulting services.

G6 Materials' comprehensive loss decreased by 6% to $938,600. At the end of the year, total assets grew 407% to $5.9 million.

G6 Materials (Formerly called Graphene 3D Lab) announced its financial results for Q1 2021, with revenues of $263,425 CAD and a net loss of $321,152.

Looking back at the last nine-month period (ended February 28, 2021), G6's revenues were $1.94 million CAD, up 276% from $515,930 in the prior year. The increase in revenues was attributed to consulting services provided to third-party clients, the ongoing sale of the Company’s air purification products and the receipt of a one-time payment as per the terms of a license and option agreement.

G6 Materials (Formerly called Graphene 3D Lab) has announced its financial results for the second quarter of the fiscal year ending November 30, 2020. Revenues for the quarter were just over $500k, up from $150k from last year. Net loss amounted to $321k (down from $343k from last year).

G6M says that the sharp increase (383%) in revenues in the company's latest reported six months was primarily due to strong customer demand for the Company’s air purification products and a one-time payment as per the terms of a license and option agreement.