Full Year Trading Update

Nanoco Group PLC

19 August 2026

 

19 August 2026

NANOCO GROUP PLC

("Nanoco", the "Company" or the "Group")

Full Year Trading Update

Trading in-line with expectations

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, today provides the following year end trading update ahead of the announcement of its final results for the year to 31 July 2026, which will be released later this calendar year.  

Overview

·    On track to achieve all milestones in the first year of the three-year Joint Development Agreement ("JDA") with the first Asian Chemical customer, with volumes expected to more than double in FY27 from a relatively small base

·    Continued discussions on next steps with the second Asian chemical customer, following a small programme extension in June 2026

·    Ongoing engagement with a number of other potential customers to secure further JDAs or material supply contracts, primarily in sensing

·    Shareholder consultation process the Company initiated on 26 June 2026 is ongoing following receipt of submissions

Financial overview

·    Unaudited revenue of £11.3m, in line with market expectations[1]

o  Excluding revenue from licence agreements, unaudited revenues of £1.5m in line with market expectations

·    Underlying unaudited adjusted EBITDA of £6.1m and cash at year end of £9.3m, both slightly ahead of market expectations

·    Following the reorganisation and reduction in the cost base completed during the financial year, gross cash cost base remains at £0.3m - £0.4m per month (FY25: £0.5m), and we continue to monitor our cost base to assess whether further reductions can be made.

- Ends -

MAR

The information contained within this announcement is considered by the Company to contain inside information for the purposes of UK MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.

The person responsible for arranging for the release of this announcement on behalf of Nanoco is Liam Gray, Interim CEO & Company Secretary.

For further information, please contact:

Nanoco Group plc:

Jalal Bagherli, Non-Executive Chairman                                                                                             [phone]

Liam Gray, Interim CEO & Company Secretary

Sodali & Co (Public Relations)                                                                             

Elly Williamson                                                                                                                                     [phone]

Pete Lambie

Oliver Banks

[e-mail]

Cavendish Capital Markets Limited (Financial Adviser and Corporate Broker):

Ed Frisby / George Lawson (Corporate Finance)                                                                                [phone]

Will Smith / Ella Bedford (Corporate Broking)

Jasper Berry (Sales)

Notes for editors:

About Nanoco Group plc

Nanoco (LSE: NANO) is a nanomaterial production and licensing group, specialising in the production of its patented cadmium free quantum dots (CFQD®) and other patented nanomaterials for use in the electronics industries. Founded in 2001 and headquartered in Runcorn, UK, Nanoco continues to build out a world-class, patent-protected IP portfolio alongside its existing scaled up production facilities for commercial orders.

Nanomaterials are materials with dimensions typically in the range 1 - 100 nm. Nanomaterials have a range of useful properties, including optical and electronic. Quantum dots are a subclass of nanomaterial that have size-dependent optical and electronic properties. Within the sphere of quantum dots, the Group exploits different characteristics of the quantum dots to target different performance criteria that are attractive to specific markets or end-user applications such as the Sensor, Electronics and Display markets. Nanoco's CFQD® quantum dots are free of cadmium and other toxic heavy metals, and can be tuned to emit light at different wavelengths across the visible and infrared spectrum, rendering them useful for a wide range of display applications. Nanoco's HEATWAVE™ quantum dots can be tuned to absorb light at different wavelengths across the near-infrared spectra, rendering them useful for applications including cameras and image sensors.

Nanoco is listed on the Main Market of the London Stock Exchange, holds the LSE's Green Economy Mark, and trades under the ticker symbol NANO. For further information please visit: www.nanocotechnologies.com

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[1] The revenue, adjusted EBITDA and cash forecasts were £11.3m, £5.8m and £8.8m respectively, as prepared by Cavendish

 

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