G6 Materials reports a 110% increase in its yearly revenues

G6 Materials (Formerly called Graphene 3D Lab) reported its financial results for its fiscal year which ended on May 31, 2021. The company’s revenues reached $1.9 million, a 110% increase from last year. G6M attributes most of its growth to strong demand for its air purification products and graphene-related consulting services.

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G6 Materials’ comprehensive loss decreased by 6% to $938,600. At the end of the year, total assets grew 407% to $5.9 million.

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Graphene 3D Lab, Graphene Labs, Graphene investing and financials