Nanofilm shares jump as much as 24.5% on increased revenue, profit margin
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[SINGAPORE] Shares of deep-tech company Nanofilm Technologies International rose as much as 24.5 per cent on Thursday (Apr 23), after it reported a 24 per cent year-on-year increase in revenue to S$55 million for Q1.
The counter added S$0.25 to rise as high as S$1.27 as at 10.20 am, with 29.5 million shares changing hands.
Operating expenses rose in line with revenue growth, while the operating expenditure-to-revenue ratio declined, said Nanofilm.
Correspondingly, margins improved on the back of higher revenue and better cost control during the period, added the company. Nanofilm said it recorded a gross profit margin of 39 per cent in the first quarter, up from 27 per cent in the previous corresponding period.
Earnings before interest, tax, depreciation and amortisation margin was also up at 26 per cent, compared with 12 per cent in Q1 2025.
The revenue growth was led by consumer advanced materials under the advanced materials business unit, which remained the largest revenue contributor and accounted for 89 per cent of revenue in Q1.
Within the unit, consumer advanced materials' revenue grew 32 per cent year on year to S$34 million, driven by "strong performance in key product segments".
Industrial advanced materials, meanwhile, grew 9 per cent to S$15 million, largely supported by "improved contributions from the European business".
The industrial equipment business unit revenue rose 52 per cent to S$2 million, while the nanofabrication business unit grew 20 per cent to S$3 million. Still, growth was partially moderated by Sydrogen Energy, which contracted 8 per cent to S$0.4 million.
Nanofilm specialises in advanced coatings, thin-film equipment, nanofabrication and hydrogen fuel cell innovations. It operates offices and facilities in Singapore, Vietnam, China, Japan, India and Germany.
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