Nanoco Group PLC
LSE:NANO

Watchlist Manager
Nanoco Group PLC Logo
Nanoco Group PLC
LSE:NANO
Watchlist
Price: 8.9311 GBX 3.85%
Market Cap: 17.4m GBX

Nanoco Group PLC
Investor Relations

Nanoco Group Plc engages in the provision of research, development and manufacture of products and services. The Company’s platform technology is customized for any application, from sensing to display, and from horticultural lighting to medical applications. The CFQD is its core technology, consisting of fluorescent semiconductor nanoparticles. The CFQD quantum dots avoid the use of toxic cadmium in display applications. The HEATWAVE quantum dots are designed for use in the sensor industry to extend the range of complementary metal oxide semiconductor (CMOS) image sensors out into the near infrared (NIR) range of wavelengths. Quantum dots can also be tuned for use in a variety of different media with adjustment of the surface ligands, opening them up to several different form factors (including its CFQD Fine Color Film product ) and applications.

Show more
Loading
NANO
FTSE All Share Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Mar 28, 2023
AI Summary
Q2 2023

Revenue Growth: Nanoco's revenue rose 45% year-on-year for the six months ended January 2023, primarily driven by a 60% increase in material sales.

Litigation Windfall: The company secured $150 million from two IP transactions post-period; Nanoco retains $90 million pretax, providing strong financial stability.

Commercial Orders Expected: Final validation is underway for two sensing materials, with commercial orders anticipated by year-end 2023.

Display Market Opportunity: A major TV brand is testing Nanoco's CFQD materials, with potential for commercial volumes in 2024.

Stable Cost Base: Cost base remains stable despite inflation and a 30% headcount increase; adjusted EBITDA was in line with the prior year.

Outlook Raised: Full-year revenue is guided to be about 20% higher than FY22, plus an additional £3 million expected from the Samsung license agreement.

IP Strength Validated: US patent board and litigation outcomes have validated Nanoco's core IP, underpinning future licensing and commercial opportunities.

Key Financials
Revenue
$16 million
Net Loss
£2.1 million
Cash
£6 million
Material Sales Growth
up 60%
Headcount Increase
30%
IP Transaction Proceeds (Total)
$150 million
Nanoco Share of IP Proceeds
$90 million
Earnings Call Recording
Other Earnings Calls
2023

Management

Dr. Nigel Leroy Pickett
Co-Founder, CTO & Executive Director
No Bio Available
Mr. Liam Frederick Gray
CFO, Company Secretary & Director
No Bio Available
Mr. Dmitry Shashkov Ph.D.
Chief Executive Officer
No Bio Available
Kevin Smith
UK Operations Director
No Bio Available
Caroline Watson
Investor Relations Manager
No Bio Available

Contacts

Address
MANCHESTER
46 Grafton Street
Contacts