Nanoco Group FY Revenue to Beat Market Forecasts, Shares Edge Higher

Nanoco Group (LON:NANO) rose 1.4 percent in early Tuesday trading after the company said full-year revenue had exceeded market expectations.

The stock is down more than 8 percent this year but has gained 4.7 percent over the past three months.

The UK-based developer of cadmium-free quantum dots reported unaudited revenue of £7.6 million for the year to 31 July 2025, above analyst forecasts.

The figure included £0.1 million in additional services and product revenue and £0.3 million of accelerated licence revenue linked to the lapse of 13 Samsung patents.

The company said adjusted EBITDA also came in moderately ahead of expectations, while year-end cash stood at £14 million, ahead of market forecasts due to lower litigation costs and favourable working capital.

Chief executive Dmitry Shashkov said: “This has been an important year for Nanoco during which our business development team has been fully focused on enhancing Nanoco's profile and maximising our organic growth prospects.”

He added that discussions were ongoing with multiple companies across various industries regarding new product developments, alongside a review of strategic options to maximise shareholder value. Some of the industries are said to be potential new areas for the company.

“We remain in discussions with multiple parties as we assess our strategic options to maximise value for shareholders, and look forward to updating shareholders in due course,” stated Shashkov.

The update also confirmed the retirement of founder and chief technology officer Dr Nigel Pickett, who will step down from the board immediately and leave the company in February 2026. He will be succeeded internally by Dr Ombretta Masala, who has been with Nanoco for 18 years.

Nanoco will also issue 935,778 ordinary shares to satisfy deferred director fees at year-end.