Nanofilm Technologies has reported a revenue of $72 million for the 3QFY2025 ended Sept 30, up 20% y-o-y. For the 9MFY2025, revenue grew 26% y-o-y to $179 million.
This growth was driven by stronger performance from the group’s Advanced Materials Business Unit (AMBU) and the Industrial Equipment Business Unit (IEBU).
AMBU, which remained the group’s largest revenue contributor, grew 27% y-o-y to $63 million in the third quarter.
The consumer segment under this business unit rose 30% y-o-y driven by growth in the accessories and wearables segment. The industrials segment under this business unit grew 33% supported by stronger contributions from the Precision Engineering and European businesses.
IEBU posted a 38% y-o-y increase to $4 million in 3QFY2025, reflecting the progressive recognition of equipment sales, while Sydrogen Energy grew 19% y-o-y to $0.3 million.
Group growth was partially moderated by the Nanofabrication Business Unit (NFBU), which contracted 29% y-o-y to $5 million due to lower MLA volumes during a seasonally softer period.
See also: First REIT DPU down 7.3% y-o-y to 1.65 cents for 9MFY2025
Nanofilm’s gross profit margin in 9MFY2025 came in at 36%, a slight decline from the 37% reported in the same period a year ago, while ebitda margin grew to 24% for the period mainly due to higher revenue.
Shares in Nanofilm closed 0.5 cents lower or 0.704% down at 70.5 cents on Oct 28.
