NanoXplore reports an excellent quarter and record income

NanoXplore reported its financial results for Q1 2023, with revenues of $31.6 million CAD, up 11% compared to last year. The company was cash flow positive ($1.6 million CAD, double than last year). 

NanoXplore graphene composites

NanoXplore raised its revenue guidance to the fiscal year that ends on June 30, to $120-125 million CAD, which will represent a revenue growth of 27-33% from last year.

Posted: May 12,2023 by Ron Mertens