NanoXplore Reports Q4 Revenue Growth and Improved Loss
NanoXplore reported fourth-quarter revenue of C$33.9 million, representing a 7% year-over-year increase. The company's adjusted gross margin on customer revenues was 22.5%, slightly down from 24.7% in the same period last year. Despite this, NanoXplore posted an improved loss of C$1.568 million compared to a larger loss of C$2.295 million during Q4 of the previous year. The company also provided adjusted EBITDA figures as part of its financial update, though specific numbers were not disclosed in detail within the press release summary. The results reflect ongoing efforts by NanoXplore to stabilize and improve performance amid industry challenges.
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Topics: adjusted_gross_margin ebitda loss revenue