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NanoXplore Inc (TSE:GRA)
TSX:GRA
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
-0.01Last Year’s EPS
-0.02Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -6.88%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong financial performance and positive developments in new product offerings, but these were tempered by significant uncertainties regarding tariffs and supply chain challenges. While the company showed revenue growth and improved margins, the looming tariff issues and delayed project confirmations could impact future performance.Company Guidance
In the recent earnings call for NanoXplore's second quarter of fiscal 2025, management provided guidance and key insights into the company's performance and future expectations. The company reported a 14% year-over-year increase in revenues, reaching $33.1 million, driven largely by progress on new tooling for three customers. NanoXplore has seen consistent double-digit organic growth and 10 consecutive quarters of margin expansion, with adjusted gross margins reaching 21.3%, an increase of 190 basis points from the previous year. The company continues to advance its dry process graphene production, aiming for significant scale-up by the end of 2025, which is expected to produce hundreds of tons of graphene powder. Additionally, the company maintains its fiscal year 2025 revenue guidance of $140 million to $155 million, albeit with expectations to be on the lower end due to potential macroeconomic uncertainties, including tariffs. Despite these challenges, NanoXplore remains confident in its strategic initiatives, particularly in expanding its production capabilities in both Canada and the U.S. to meet growing demand.Double-Digit Organic Growth
NanoXplore reported another quarter of double-digit organic growth, marking the 10th consecutive quarter of margin expansion.
Positive Feedback on Dry Process Graphene
Customer feedback on dry process graphene has been consistently positive, particularly due to its competitive pricing, which accelerates customer testing and decision-making processes.
Revenue Increase
Total revenues in Q2 increased by 14% year-over-year to $33.1 million, driven mainly by new tooling revenue recognition.
Adjusted Gross Margins Improvement
Adjusted gross margins as a percentage of sales increased by 190 basis points year-over-year to 21.3%, driven by improved productivity and manufacturing efficiency.
EBITDA Turnaround
Adjusted EBITDA reached $1.1 million, compared to a loss of $93,000 in the same quarter last year.
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TSE:GRA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:GRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | C$2.47 | C$2.38 | -3.64% |
| Nov 06, 2024 | C$2.36 | C$2.35 | -0.42% |
| Sep 18, 2024 | C$2.40 | C$2.28 | -5.00% |
| May 14, 2024 | C$2.46 | C$2.35 | -4.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NanoXplore Inc (TSE:GRA) report earnings?
NanoXplore Inc (TSE:GRA) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is NanoXplore Inc (TSE:GRA) earnings time?
NanoXplore Inc (TSE:GRA) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:GRA EPS forecast?
TSE:GRA EPS forecast for the fiscal quarter 2025 (Q3) is -0.01.
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