GTIGraphjet Technology, a company specializing in the production of graphite and graphene products, has released its Form 10-Q report for the third quarter of 2025. The report provides a comprehensive overview of the company’s financial performance and operational activities, marking a significant period as the company transitions from reliance on equity investments to generating revenue from product sales.
Financial Highlights
- Revenues: $49,316. The company generated revenue from selling its side products starting from June 2025.
- Gross Loss: $(26,689). The cost of revenue exceeded the revenue, resulting in a gross loss.
- Loss from Operations: $(22,103,705). Operating expenses were significantly high due to share compensation expense.
- Net Loss: $(22,768,135). The company incurred a substantial net loss, primarily driven by high operating expenses and other expenses.
- Loss per Share: $(9.27). The loss per share reflects the company’s financial performance during the period.
Business Highlights
- Revenue Segments: The company has started generating revenue from selling side products as of June 2025, marking a shift from its previous reliance on equity investments for funding operations.
- Geographical Performance: The company’s operations are primarily based in Malaysia, with its subsidiary Graphjet producing graphite and graphene products. The company collaborates with local universities for research and development, indicating a strong regional focus.
- Sales Units: The company has begun sampling its graphite and graphene products to multinational companies for market acceptance.
- Future Outlook: The company intends to become a low-cost producer of high-quality artificial graphite and graphene, leveraging its patented biomass process. It plans to replace current high-cost suppliers by offering its products to multinational companies.
SEC Filing: GRAPHJET TECHNOLOGY [ GTI ] – 10-Q – Sep. 05, 2025
