First Graphene Ltd. Reports Q3 FY2025 Income of A$735,000 with A$118,000 from Graphene Sales and A$623,000 from Grants; Secures A$2.4 Million Capital Raise

Reuters
05-20
First Graphene Ltd. Reports Q3 FY2025 Income of A$735,000 with A$118,000 from Graphene Sales and A$623,000 from Grants; Secures A$2.4 Million Capital Raise

First Graphene Ltd. has released its quarterly report for the period ending 31 March 2025, detailing significant financial and operational developments. The company reported a combined income of approximately A$735,000 for the third quarter of FY2025. This figure includes around A$118,000 in graphene and paid development sales, primarily from the composites and plastics segments, and approximately A$623,000 from grant-funded programs. Additionally, First Graphene successfully raised A$2.4 million through commitments from institutional, sophisticated, and professional investors, providing a financial boost to support its commercial opportunities over the coming year. The company also received two tax rebates totaling about A$570,000 for research and development activities conducted in both Australia and the United Kingdom. Operationally, First Graphene has made substantial strides in the cement and concrete industry. Notably, more than three tonnes of PureGRAPH-CEM® arrived in Manchester, UK, for use in a major road project with Breedon Group. This initiative aligns with a government effort to enhance the UK's road infrastructure and meet net zero emissions targets. The company's unique dosing pump also arrived in the UK, offering a cost-effective solution for integrating PureGRAPH-CEM® into cement. Furthermore, First Graphene has expanded its market presence by entering major Asian and South American markets through four distribution deals, showcasing its commitment to global market expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Graphene Ltd. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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