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Nano One Materials Corp. operates as a process technology company transforming cathode active material production for lithium-ion batteries in Canada. The company offers One-PotTM, a process to produce cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. Nano One Materials Corp. was founded in 2011 and is headquartered in Burnaby, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Nano One develops patented processes to make cathode active materials for lithium‑ion batteries, pursuing lower-cost and lower‑emission production through pilot and demonstration work while targeting commercialization via partners and licensing. Long-term growth drivers include rising electric vehicle and grid storage demand, supply‑chain localization and materials efficiency; investors may find the company attractive for its intellectual property and technology focus.
Most important risks are execution and scale-up uncertainty, competition from established producers, commodity-price exposure and the need for additional capital or partnering to reach commercial revenue.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -11.14M | -29.22M | -31.82M | -15.82M | -11.32M |
| Net income | -11.14M | -29.22M | -31.82M | -15.83M | -11.26M |
| Selling general administrative | 23.19M | 4.92M | 5.23M | 12.62M | 9.06M |
| Selling and marketing expenses | - | 0.56M | 0.66M | - | - |
| Gross profit | -1.96M | -1.81M | -1.51M | - | - |
| Reconciled depreciation | 1.96M | 1.81M | 1.51M | 1.05M | 0.68M |
| Ebit | -30.15M | -29.04M | -33.01M | -16.74M | -11.39M |
| Ebitda | -28.18M | -27.22M | -31.87M | -14.70M | -10.44M |
| Depreciation and amortization | 1.96M | 1.81M | 1.14M | 2.04M | 0.95M |
| Operating income | -30.15M | -33.52M | -32.75M | -16.74M | -11.39M |
| Other operating expenses | 30.15M | 33.52M | 32.75M | 16.67M | 11.32M |
| Interest expense | 1.27M | 0.19M | 0.16M | 0.07M | 0.07M |
| Interest income | 0.25M | 0.76M | 1.65M | 0.92M | 0.20M |
| Net interest income | -1.02M | 0.57M | 1.49M | 0.86M | 0.12M |
| Income tax expense | - | - | - | 0.00M | -0.07M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 28.18M | 31.70M | 31.50M | 16.67M | 11.32M |
| Cost of revenue | 1.96M | 1.81M | 1.51M | - | - |
| Total other income expense net | 19.01M | 4.29M | 1.35M | 0.92M | 0.07M |
| Net income from continuing ops | -11.14M | -29.22M | -31.81M | -15.82M | -11.32M |
| Net income applicable to common shares | - | -29.22M | -31.81M | -15.82M | -11.32M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 44.48M | 25.67M | 52.97M | 56.08M | 55.36M |
| Intangible assets | 0.06M | 0.05M | 0.04M | 0.03M | 0.03M |
| Other current assets | 0.72M | - | 0.74M | 1.38M | -0.02M |
| Total liab | 21.98M | 4.24M | 5.49M | 2.63M | 1.60M |
| Total stockholder equity | 22.49M | 21.43M | 47.49M | 53.45M | 53.75M |
| Other current liab | 0.04M | - | 3.77M | - | 0.02M |
| Common stock | 134.54M | - | 125.04M | 96.70M | 82.61M |
| Capital stock | 134.54M | 125.58M | 125.04M | 96.70M | 82.61M |
| Retained earnings | -120.84M | -109.89M | -84.73M | -53.64M | -37.83M |
| Other assets | - | - | 0.00M | 0.38M | 0.16M |
| Cash | 23.60M | 7.16M | 32.44M | 39.45M | 52.65M |
| Cash and equivalents | - | - | - | - | 52.65M |
| Total current liabilities | 4.58M | 3.34M | 4.14M | 2.04M | 0.95M |
| Current deferred revenue | 0.50M | - | -3.72M | - | 0.02M |
| Net debt | -5.37M | - | -30.73M | -38.67M | -51.85M |
| Short term debt | 0.78M | - | 0.37M | 0.19M | 0.14M |
| Short long term debt total | 18.23M | - | 1.72M | 0.77M | 0.80M |
| Other stockholder equity | - | - | - | 0.17M | 8.98M |
| Property plant equipment | - | - | - | - | 1.82M |
| Total current assets | 26.91M | 8.85M | 34.28M | 42.63M | 53.35M |
| Net tangible assets | - | - | - | - | 53.73M |
| Short term investments | - | - | - | - | 0.00M |
| Net receivables | 2.11M | - | 0.39M | 1.49M | 0.41M |
| Long term debt | 3.01M | - | - | - | - |
| Inventory | 0.48M | 0.34M | 0.71M | 0.32M | 0.31M |
| Accounts payable | 3.25M | 2.89M | 3.72M | 1.85M | 0.78M |
| Accumulated other comprehensive income | 8.79M | - | 7.17M | 10.21M | 8.98M |
| Non currrent assets other | 1.18M | - | 0.30M | 0.12M | 0.16M |
| Non current assets total | 17.57M | 16.81M | 18.70M | 13.45M | 2.01M |
| Capital lease obligations | 15.11M | 1.34M | 1.72M | 0.77M | 0.80M |
| Long term debt total | - | - | - | - | 0.66M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | 4.18M | -4.17M | -16.80M | 1.01M |
| Change to liabilities | - | - | - | -0.71M | -0.34M |
| Total cashflows from investing activities | 12.81M | 4.18M | -4.17M | -16.80M | 0.32M |
| Net borrowings | -0.69M | -0.56M | -0.46M | - | -0.19M |
| Total cash from financing activities | 15.93M | -0.56M | 23.65M | 12.95M | 31.60M |
| Net income | -11.14M | -29.22M | -31.81M | -15.82M | -11.32M |
| Change in cash | 16.44M | -24.71M | -7.58M | -13.21M | 24.90M |
| Begin period cash flow | 7.16M | 31.87M | 39.45M | 52.65M | 27.75M |
| End period cash flow | 23.60M | 7.16M | 31.87M | 39.45M | 52.65M |
| Total cash from operating activities | -12.30M | -28.32M | -27.06M | -9.36M | -7.02M |
| Issuance of capital stock | 9.91M | 0.00M | 24.14M | 13.21M | 33.80M |
| Depreciation | 1.96M | 1.81M | 1.51M | 1.05M | 0.68M |
| Other cashflows from investing activities | - | 6.17M | 0.89M | -15.57M | 0.19M |
| Change to inventory | -0.15M | 0.37M | -0.39M | -0.32M | -0.32M |
| Change to account receivables | -1.54M | -0.22M | 1.74M | 4.95M | -0.29M |
| Sale purchase of stock | - | 0.00M | 24.14M | 13.21M | 33.80M |
| Other cashflows from financing activities | -0.66M | 0.00M | -0.04M | -0.03M | -2.01M |
| Change to netincome | - | - | - | - | 4.26M |
| Capital expenditures | 0.90M | 1.99M | 5.07M | 1.24M | 0.89M |
| Change in working capital | -0.99M | 0.03M | 2.70M | 3.92M | -0.63M |
| Stock based compensation | 3.28M | 3.16M | 1.75M | 1.75M | 4.39M |
| Other non cash items | -2.13M | -4.11M | -1.19M | -0.26M | -0.12M |
| Free cash flow | -13.19M | -30.31M | -32.12M | -10.60M | -7.91M |
Sector: Basic Materials Industry: Specialty Chemicals
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| NANO Nano One Materials Corp |
-0.02 2.56% |
0.76 | - | - | 9.28 | 4.90 | 4.32 | -27.16 |
| VNP 5N Plus Inc. |
-1.71 5.27% |
30.72 | 43.62 | 39.84 | 7.72 | 11.40 | 6.04 | 25.40 |
| NEO Neo Performance Materials Inc |
-0.10 0.40% |
24.60 | - | 28.41 | 2.09 | 1.92 | 1.71 | 37.09 |
| AIM Aimia Inc |
0.04 1.56% |
2.60 | 7.55 | 175.44 | 0.50 | 0.81 | 1.15 | 3.92 |
| ECO EcoSynthetix Inc |
-0.06 3.73% |
1.55 | - | 23.70 | 9.51 | 3.72 | 5.62 | 151.24 |
Nano One Materials Corp. operates as a process technology company transforming cathode active material production for lithium-ion batteries in Canada. The company offers One-PotTM, a process to produce cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. Nano One Materials Corp. was founded in 2011 and is headquartered in Burnaby, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Paul Frank Matysek M.Sc., P.Geo. | Non Independent Exec. Chairman | 1958 |
| Mr. Dan Blondal | Founder, CEO & Non Independent Director | 1966 |
| Mr. Daniel Martino C.A., CPA | Chief Financial Officer | 1988 |
| Mr. Alexander Holmes M.SC., CFA | Chief Operating Officer | NA |
| Dr. Stephen Campbell Ph.D. | Chief Technology Officer | NA |
| Ms. Kelli Forster B.A., CHRP | Sr. VP of People & Culture | NA |
| Ms. Pamela Kinsman | Corp. Sec., Director of Sustainability & Corp. Affairs | NA |
| Mr. Paul Guedes | Director of Capital Markets | NA |
| Denis Geoffroy | Chief Commercialization Officer | NA |
| Mr. Denis Geoffroy | Chief Commercialization Officer | NA |
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