CG1 carbonxt group limited

HIGHLIGHTS  Revenue of $3.031 million, +126% on 1H17.  Driven...

  1. 12,979 Posts.
    lightbulb Created with Sketch. 3875
    HIGHLIGHTS
     Revenue of $3.031 million, +126% on 1H17.
     Driven by higher sales volumes of activated carbon products in the USA.
     Gross margin 28%, up from 4% in 1H17, driven by both higher prices and lower cost.
     New production facility about to open - targeting 40% to 45% gross margin from FY19.
     On track to reach profitability in FY19 as per Prospectus forecast.
     Innovative products in development to target new market segments in the USA.
     Increasing legislative requirements for mercury capture in Europe and Asia provide
    longer term opportunity for global expansion.

    Its also dropped 15c under the recent placement and would have contracts in the pipe. This is one of those stocks that has the wont behind it with regard to legislation. dyor
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
6.8¢
Change
0.000(0.00%)
Mkt cap ! $28.46M
Open High Low Value Volume
6.8¢ 6.8¢ 6.8¢ $5.231K 76.92K

Buyers (Bids)

No. Vol. Price($)
1 15151 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 14548 2
View Market Depth
Last trade - 13.06pm 12/08/2025 (20 minute delay) ?
CG1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.