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Nanoco Group plc (NANO) AI Stock Analysis
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Nanoco Group plc
(LSE:NANO)
The score is held down primarily by weak financial fundamentals (negative profitability, negative equity, and pressured operating cash flow). Technicals also remain bearish with the price below all key moving averages and negative MACD. A low P/E provides some valuation support but is not enough to offset the financial and trend risks.
Nanoco Group plc (NANO) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 4.96M
- Dividend Yield
- ―
- Average Volume (3M)
- 493.88K
- Price to Earnings (P/E)
- 5.2
- Beta (1Y)
- 0.39
- Revenue Growth
- 61.15%
- EPS Growth
- ―
- Country
- UK
- Employees
- 38
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
Nanoco Group plc Business Overview & Revenue Model
Company Description
Nanoco Group plc and its affiliated entities are pioneers in the research, development, manufacturing, and licensing of innovative nanomaterials tailored for a wide array of commercial uses. Their product line features CFQD quantum dots, which are fl...
How the Company Makes Money
Nanoco makes money primarily by commercializing its nanomaterial and quantum dot technology through customer and partner arrangements. Key revenue streams include: (1) Product/materials revenue from the manufacture and sale (or supply) of quantum dot...
Nanoco Group plc Earnings Call Summary
The earnings call reflects significant strategic advancements and operational improvements, particularly in the image sensor market, alongside financial stability. However, challenges such as revenue decline, strategic review delays, and a loss after tax offset these achievements. The mixed performance in market segments like flat panel displays also tempers the overall outlook.
Q4-2025 Updates
Positive Updates
Negative Updates
Company Guidance
In the recent investor call, Nanoco Group plc provided comprehensive guidance for Fiscal Year 2025, highlighting significant strategic and operational advancements. The company reported a 30% reduction in cash burn, extending its cash runway to reinvest in business development. The strategic focus remains on the image sensor market, identified as a top priority due to favorable market trends and Nanoco's strong competitive position. Key achievements include signing a second joint development agreement and extending an existing one for three years. Financially, Nanoco reported revenue of GBP 7.6 million, with an adjusted EBITDA of GBP 1.5 million, and a year-end cash position of GBP 14 million. The order book stands at GBP 7.6 million, setting a solid foundation for future growth. The company aims to achieve breakeven by 2027, with existing facilities capable of producing quantum dot materials for up to 700 million sensors annually. The strategic review with CDX continues, aiming to explore high-value options for shareholders.
Nanoco Group plc Financial Statement Overview
Summary
Overall financial health is weak: despite slight revenue growth (3.42%) and very strong gross margin (91.84%), profitability remains negative (net margin -28.84%, EBIT margin -11.56%), the balance sheet shows negative equity (solvency risk), and operating cash flow has deteriorated with a negative operating cash flow to net income ratio (-0.59).
Income Statement
45NeutralBalance Sheet
30NegativeCash Flow
40Negative| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.87M | 7.62M | 7.87M | 5.62M | 2.47M | 2.09M |
| Gross Profit | 9.58M | 7.00M | 6.66M | 4.77M | 1.09M | 757.00K |
| EBITDA | 5.44M | 483.00K | 3.58M | 15.94M | -3.82M | -3.88M |
| Net Income | 1.09M | -2.20M | -1.25M | 11.09M | -4.70M | -4.39M |
Balance Sheet | ||||||
| Total Assets | 20.45M | 21.23M | 30.66M | 50.77M | 10.89M | 9.23M |
| Cash, Cash Equivalents and Short-Term Investments | 14.37M | 14.00M | 20.29M | 8.21M | 6.76M | 3.81M |
| Total Debt | 762.00K | 1.30M | 1.91M | 6.43M | 4.09M | 4.17M |
| Total Liabilities | 37.64M | 40.73M | 47.67M | 34.35M | 6.41M | 6.18M |
| Stockholders Equity | -17.19M | -19.51M | -17.01M | 16.41M | 4.48M | 3.05M |
Cash Flow | ||||||
| Free Cash Flow | -181.00K | -5.24M | 49.88M | -28.22M | -1.90M | -3.75M |
| Operating Cash Flow | -78.00K | -4.87M | 51.48M | -27.84M | -1.78M | -3.36M |
| Investing Cash Flow | -189.00K | 358.00K | -816.00K | 34.18M | -82.00K | -344.00K |
| Financing Cash Flow | -710.00K | -1.74M | -38.92M | -5.08M | 4.79M | 2.32M |
Nanoco Group plc Peers Comparison
Overall Rating
GB:CML56Neutral
GB:KMK49.4Neutral
GB:IQE48Neutral- GB:NANO44Neutral
GB:WPHO39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| GB:CML | 56Neutral | GBP 49.26M | 295.00 | -0.11% | 3.73% | -10.70% | -200.00% |
| GB:KMK | 49Neutral | GBP 35.71M | 49.55 | 1.32% | ― | 2.30% | -81.36% |
| GB:IQE | 48Neutral | GBP 459.16M | -14.72 | -19.81% | ― | 19.88% | 53.94% |
| GB:NANO | 44Neutral | GBP 4.96M | 5.23 | -5.96% | ― | 61.15% | ― |
| GB:WPHO | 39Underperform | GBP 8.47M | -1.18 | -68.21% | ― | -29.53% | -210.26% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:NANO | Nanoco Group plc | 2.72 | -7.04 | -72.13% | |
| GB:CML | CML Microsystems | 295.00 | 1.26 | 0.43% | |
| GB:IQE | IQE plc | 34.45 | 28.84 | 514.08% | |
| GB:KMK | Kromek Group plc | 5.45 | -1.30 | -19.26% | |
| GB:WPHO | Windar Photonics | 4.10 | -56.90 | -93.28% |
Nanoco Group plc Corporate Events
Nanoco Delivers In-Line Full-Year Trading and Advances Asian Growth Partnerships
PositiveNanoco reported full-year trading in line with expectations, with unaudited revenue of £11.3m driven largely by licence income and £1.5m from non-licence revenue. Underlying adjusted EBITDA of £6.1m and year-end cash of £9.3m came...
Nanoco interim CEO boosts stake through exercise of deferred bonus options
NeutralNanoco Group plc reported that interim chief executive and company secretary Liam Gray has fully exercised deferred bonus options granted in 2022 and 2024, receiving 548,055 ordinary shares from the company’s Employee Benefit Trust. To satisfy...
Nanoco launches shareholder consultation after adjourning delisting vote
NeutralNanoco Group plc, a specialist in cadmium‑free quantum dots and other nanomaterials for electronics, develops tunable materials for display, sensor and imaging applications, supported by a substantial IP portfolio and commercial-scale manufactu...
Nanoco reshapes board roles to reinforce lean governance model
PositiveNanoco Group plc has announced changes to its board structure aimed at strengthening corporate governance while preserving a lean leadership model to contain plc-related costs. The company’s approach reflects a continued focus on balancing over...
Nanoco Adjourns General Meeting to Seek Further Shareholder Dialogue
NeutralNanoco Group plc has adjourned its General Meeting, which had been scheduled for the morning of 19 June 2026, without setting a new date. The board said it will continue to evaluate options and pursue further constructive dialogue with shareholders,...
Nanoco delays delisting vote after shareholder pushback
NegativeNanoco Group plc, listed on the London Stock Exchange and holder of the Green Economy Mark, focuses on cadmium-free quantum dots and related nanomaterials for use in displays, sensors and electronics, including its CFQD and HEATWAVE product ranges. I...
Nanoco Wins Glass Lewis Backing for London Delisting Plan
NeutralNanoco Group plc, a UK-based specialist in nanomaterials and quantum dot technologies, is sharpening its focus on existing high-potential business lines while reducing operating expenses to conserve capital. The company has been reshaping its strateg...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 28, 2026