California Nanotechnologies Corp
Company announces $206K revenue for Q1/FY2022
Company continues progress with Thermoelectrics customer
LOS ANGELES, CA / ACCESSWIRE / August 3, 2021 / California Nanotechnologies Corp. ('Cal Nano' or the 'Company') is pleased to announce that revenue for the quarter ending May 31, 2021 was $206,370. "This represents the largest Q1 revenue in history for the Company, which is an incredible achievement due to the current pandemic situation impacting our customers" stated CEO Eric Eyerman. EPS were nil in Q1 F2021 and Q1 F2022. Of note, professional fees were higher than normal due to the Company's annual audit. The full financial statements are available on SEDAR and the Company website.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.The major contributors to the Company's record Q1 revenue were continued development with its thermoelectrics customer along with work from various military research labs. "After positive analysis from the last 50 wafer delivery to our thermoelectric customer, Cal Nano continues to progress on its advanced material program. Additional research and development work and a request for 400 more wafers is moving forward. With our customers continuing to increase their R&D requirements and with the potential for R&D to shift into production requirements, Cal Nano is well positioned to continue with a strong performance with this pandemic recovery" stated CEO Eric Eyerman.
For further information, please contact:
Eric Eyerman, CEO
T: (562)-991-5211
E: info@calnanocorp.com
W: www.calnanocorp.com
Reader Advisory
Except for statements of historical fact, this news release contains certain 'forward-looking information' within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate' and other similar words, or statements that certain events or conditions 'may' or 'will' occur. In particular, forward-looking information in this press release includes, but is not limited to the expected future performance of the Company. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada, the United States and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
P. 562.991.5211
F. 562.926.6913
SOURCE: California Nanotechnologies Corp
View source version on accesswire.com:
https://www.accesswire.com/658036/California-Nanotechnologies-Announces-Q1FY2022-Results
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Medical Components Specialists to Exhibit at Medical Technology Ireland 202519.9.2025 16:00:00 CEST | Press release
BELLINGHAM, MASSACHUSETTS / ACCESS Newswire / September 19, 2025 / Medical Components Specialists (MCS), a leading contract manufacturer of precision medical devices, announced its participation in the upcoming Medical Technology Ireland Expo and Conference, taking place September 24-25 at the Galway Racecourse. Medical Technology Ireland has become Europe's second-largest and fastest-growing medical device design event. This year, the conference is expected to draw more than 2,000 attendees and over 350 exhibitors, showcasing the latest innovations and solutions driving the Irish medtech sector. Over the course of two days, the conference program will feature sessions on topics including the future of Irish MedTech, unlocking global opportunities through innovation, the Women in MedTech Forum, and advancements in catheter technologies, among others. The event provides a platform for knowledge exchange, networking, and exploration of cutting-edge medical technologies shaping the global
Theometrics Global Partners With Acclaimed Designer Cristina Zavati to Launch 'MeaDea by Theo,' Championing Resilience at New York Fashion Week19.9.2025 15:00:00 CEST | Press release
NEW YORK CITY, NEW YORK / ACCESS Newswire / September 19, 2025 / Theometrics Global is proud to announce a new partnership with celebrated designer and founder of the renowned IELLELE brand, Cristina Zavati, to launch an exclusive new collection, "MeaDea by Theo." This collaboration, is a significant step in Theometrics' global mission to empower young creators, and will be officially unveiled during New York Fashion Week.'Magna Graecia Resurrected - Divine Femininity and Hellenic Design in Analipsi' Captured in Analipsi, Greece - an Ensemble of Crowned Beauty, Visionary Creators and Fashion Rooted in Ancient Legacy "As the world sees the glamour of Fashion Week on the world's biggest stage, let us recognize the blood, sweat, and tears that designers and models have to overcome," said Sotirios Hristos Stathopoulos (aka Sam Stathis). September is Suicide Awareness Month and Theometrics Global has consistently raised awareness for this cause, as it did in the 2023 fashion weeks in New Yo
Ondas Appoints Technologist and British Army Veteran Karl Eze as UK Strategic Advisor to Ondas Capital19.9.2025 14:40:00 CEST | Press release
Appointment strengthens Ondas Capital's presence in the United Kingdom to support technology and defense development initiatives Seasoned executive brings military, financial, and entrepreneurial experience to accelerate Ondas Capital's international strategy LONDON, UK / ACCESS Newswire / September 19, 2025 / Ondas Holdings Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous aerial and ground robot intelligence and private wireless solutions through its business units Ondas Autonomous Systems (OAS) and Ondas Networks, today announced that Karl Eze has been appointed as Strategic Advisor for the United Kingdom for Ondas Capital. Based in London, Mr. Eze will represent Ondas Capital, providing strategic insight into technology and defense markets, strengthening industry relationships, and supporting Ondas' mission to connect advanced technology, defense innovation, and global opportunities. "Ondas Capital is building a strong international platform," said Jam
Air Quality Solutions Launches the UK's Most Advanced Software for Air Quality Assessments19.9.2025 08:00:00 CEST | Press release
New cloud-based app helps Air Quality Consultants deliver Air Quality Assessments for planning applications 80% faster. NOTTINGHAM, UK / ACCESS Newswire / September 19, 2025 / Air Quality Solutions announces the launch of its ground-breaking Air Quality Software. This game-changing app enables air quality consultants to reliably complete assessments 80% faster and with higher accuracy. It boosts team productivity and reduces delivery costs.Air Quality Software User Interface "Air Quality Software has set a new standard," said Brendan McCormack, Founder of Air Quality Solutions. "Air Quality Assessments are now faster, easier, and more reliable than ever before. This software reflects years of hard work and we are excited to bring it to market. " Air Quality Solutions unveils exactly how Air Quality Software has transformed air quality assessments for planning: 1. More accurate methods Traditionally, air quality consultants manually measure or estimate critical data points such as vehic
Conga Hosts Premier European Customer Conference "Conga Connection EMEA 2025" in Paris18.9.2025 10:00:00 CEST | Press release
Leading B2B SaaS Company to Host More Than 150 Customers and Partners at Flagship EMEA Event October 8 LONDON, UK / ACCESS Newswire / September 18, 2025 / Conga, the market leader in AI-powered innovation in configure, price, quote (CPQ) and contract lifecycle management (CLM), and Document Automation, will host its flagship European customer conference, Conga Connection EMEA 2025, taking place October 8, at the prestigious Pullman Paris Tour Eiffel. The event is expected to attract more than 150 customers, partners, and industry leaders from across Europe for a day of learning, innovation, and networking focused on advancing business transformation and operational excellence. The conference will feature keynote presentations from Conga's executive leadership, including CEO Dave Osborne who will share Conga's strategic vision for empowering organizations to accelerate their journey to become a more connected, intelligent business, better able to minimize risk and maximize revenue. Cong
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom