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NanoXplore Inc.
11/13/2025
Good day, and thank you for standing by. Welcome to the Nano Explorer first quarter 2026 earnings conference call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Pierre E. Therese, Vice President of Corporate Development.
Please go ahead. Good morning, everyone, and thank you for joining this discussion of NanoExplorer Financial and Operating Results for the first quarter of fiscal 2026. The press release reporting these results was published yesterday after market closed and can also be found on our website along with our financial statement and MD&A. These documents are also available on CEDAR+. Before we begin, I'd like to remind you that today's remark, including management outlook and answers to questions, contained forward-looking statements. These forward-looking statements represent our expectation as of today, November 13, 2025, and accordingly are subject to change. Such statements are based on assumptions that may not materialize and are subject to risk and uncertainties. Actual results may differ materially, and listeners are cautioned not to place undue reliance on these forward-looking statements. A description of the risk factor that may affect future results is contained in NanoExplorer, annual information form available on our corporate website and in our filings with the Canadian Securities Administrator on CEDAR+. On the call with me this morning, we have Sorouche Nazarpo, CEO, Rocco Marinaccio, our COO and incoming CEO, and Pedro Azevedo, our CFO. After remarks from Sorouche, Rocco and Pedro will open the call to questions from financial analysts. Let me turn the call over to Sorouche.
Thank you, PY. As many of you already know, we announced back in September that I would be transitioning the leadership role to Rocco. This transition marks the next chapter in Nanoexplore's journey, one that builds on our strong foundation of innovation, operational excellence, and disciplined growth. This strategic transition is nearly complete and being done with Nanoexplore long-term growth and success firmly in mind. Over the past 15 years, I've had the privilege of founding and leading Nanoexplore from a bold idea to the thriving company we are today. During this period, Nanoexplore evolved from a small R&D venture into a publicly traded vertically integrated materials company with around 400 employees, multiple production sites, and global partnerships. We became the world's largest graphene producer, commercialize graphene-enhanced products at an industrial scale, achieved around $130 million in annual revenue, and established a strong foothold in both transportation and industrial markets. A pivotal moment in our recent success came in September when we announced our largest-ever graphene powder sales agreement with Chevron Phillips Chemicals, a contract that's progressing very well. That brings me to the news I mentioned. After deep reflection and discussion with our board, I have decided that it was the right time for me to step aside from my day-to-day role as CEO and transition to vice chair of the board. Effective December 4, 2025, I will focus my energies on long-term strategic growth plan and closely work with current management to achieve our long-term objectives of organic growth and financial performance with a clear objective of creating shareholder value. I would like to extend my gratitude to the board, management, employees, and shareholders for all these years of dedicated collaborative work and support. I'm deeply proud of what we have achieved together and confident that NanoExplore is well positioned for its next phase of growth. With that, I will turn it over to Rocco.
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