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Nouveau Monde Graphite (NMG) investor relations material
Nouveau Monde Graphite Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Advanced engineering and procurement for Phase-2 Matawinie Mine and Bécancour Battery Material Plant, aiming for final investment decision (FID) and construction launch.
Engaged with anchor customers and potential lenders to secure project financing; over US$1 billion in debt financing interest received.
Ended the period with $73.5 million in cash and cash equivalents.
Facing material uncertainties regarding going concern due to insufficient liquidity for planned expenditures without additional funding.
Financial highlights
Net loss of $21.0 million for Q2 2025, up from $11.1 million in Q2 2024; basic and diluted loss per share of $0.14 (Q2 2024: $0.10).
Net loss for the six months ended June 30, 2025, was $33.5 million, compared to $43.3 million in the prior year period.
Total assets decreased to $174.8 million from $204.1 million at year-end 2024, mainly due to cash outflows.
Cash outflows from operating activities were $25.3 million for the six months, with a monthly cash burn rate of ~$5.2 million.
No new financing in 2025; prior financing completed in December 2024.
Outlook and guidance
Progressing toward FID for both major projects, contingent on securing financing and finalizing offtake agreements.
Additional significant financing required to bring projects to commercial production; management actively pursuing multiple funding avenues.
Anticipates continued negative cash flows from operations until commercial production is achieved.
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