NanoXplore Full Year 2024 Earnings: EPS Misses Expectations

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editorial-team@simplywallst.com (Simply Wall St)

Tue, Sep 24, 2024, 6:53 AM 1 min read

NanoXplore (TSE:GRA) Full Year 2024 Results

Key Financial Results

Revenue: CA$130.0m (up 5.0% from FY 2023).
Net loss: CA$11.7m (loss narrowed by 8.9% from FY 2023).
CA$0.069 loss per share (improved from CA$0.077 loss in FY 2023).

revenue-and-expenses-breakdown — TSX:GRA Revenue and Expenses Breakdown September 24th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

NanoXplore EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%.

The primary driver behind last 12 months revenue was the Advanced Materials, Plastics and Composite Products segment contributing a total revenue of CA$130.0m (100% of total revenue). Notably, cost of sales worth CA$101.5m amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CA$23.2m (58% of total expenses). Explore how GRA's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Canada.

Performance of the Canadian Chemicals industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with NanoXplore.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.