Canada's NanoXplore Q4 adjusted EBITDA falls, revenue misses estimates

NanoXplore

15/09/2026 21:24

Overview
Canada graphene maker's fiscal Q4 revenue grew 7% yr/yr but missed analyst expectations
Adjusted EBITDA for fiscal Q4 declined compared to last year
Company expects fiscal 2027 revenue growth of 11-20% with new product launches

Outlook
NanoXplore sees fiscal 2027 revenue between C$130 mln and C$140 mln
Company expects fiscal 2028 revenue between C$160 mln and C$170 mln
NanoXplore anticipates positive free cash flow in fiscal 2027

Result Drivers
HIGHER SALES VOLUMES - Q4 revenue growth was mainly due to increased sales volumes, partly offset by lower tooling revenues
OPERATING COST ADJUSTMENTS - Co said it mitigated volume drop by adjusting operating cost structure
MATERIAL PRICE INCREASES - Management cited material price increases as a factor impacting results

Company press release: ID:nGNX3RSplc

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
C$33.91 mln
C$34.36 mln (5 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for NanoXplore Inc is C$2.80, about 104.4% above its September 14 closing price of C$1.37

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Sept 14 - Canada's MindWalk Q1 net loss widens on higher sales, marketing expenses

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)