G6 Materials reports its financial results for Q3 2020

G6 Materials (Formerly called Graphene 3D Lab) has announced its financial results for the second quarter of the fiscal year ending November 30, 2020. Revenues for the quarter were just over $500k, up from $150k from last year. Net loss amounted to $321k (down from $343 from last year).

G6 Materials banner

G6M says that the sharp increase (383%) in revenues in the company’s latest reported six months was primarily due to strong customer demand for the Company’s air purification products and a one-time payment as per the terms of a license and option agreement.

Read More | Graphene-Info
Graphene 3D Lab, Graphene Labs, Graphene investing and financials