G6 Materials (Formerly called Graphene 3D Lab) has announced its financial results for the second quarter of the fiscal year ending November 30, 2020. Revenues for the quarter were just over $500k, up from $150k from last year. Net loss amounted to $321k (down from $343k from last year).
G6M says that the sharp increase (383%) in revenues in the company's latest reported six months was primarily due to strong customer demand for the Company’s air purification products and a one-time payment as per the terms of a license and option agreement.
Posted: Feb 02,2021 by Ron Mertens