Black Swan Graphene Inc.

Black Swan Graphene Inc.

BSWGF
Black Swan Graphene Inc.US flagOther OTC
0.87
USD
+0.09
- -
48.83MMarket Cap
Black Swan Graphene Inc.
BSWGF
(Other OTC)

Recent

price

0.87

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
-0.05
-0.28
-0.16
-0.09
-0.15
-0.12
Basic EPS, GAAP
- -
-0.16
-0.1
-0.1
-0.06
-0.08
-0.08
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.35
0.5
0.31
0.22
0.2
0.17
Book Value per Share
- -
0.14
0.28
0.18
0.11
0.16
0.14
Tangible Book Value per Share
35
35
30
37
38
49
51
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
1
1
1
1
1
Depreciation Expense
- -
-2
-8
-6
-3
-8
-6
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
5
9
6
3
8
7
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
14
17
14
10
13
12
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-30.81
-61.41
-45.66
-34.28
-83.1
-65.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
53
53
Market Capitalization
63
46
59

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
8
8
7
Cash, Cash Equivalents & STI
7
8
7
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
1
- -
Payables & Accruals
- -
1
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
27.77%
Free Cash Flow
- -
- -
75.42%
Net Income, GAAP
- -
- -
121.62%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.03
-0.02
- -
-0.09
2025
-0.05
-0.02
-0.04
- -
-0.15
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Black Swan Graphene Inc. (TSXV: SWAN; OTCQX: BSWGF) manufactures and commercializes patented high-performance, low-cost graphene products derived from proprietary processing technology for high-volume industrial sectors including polymers, concrete, Li-ion batteries, energy storage, and electronics. The company offers GraphCore™ graphene nanoplatelet (GNP) powders and dispersions for uniform integration by compounders and manufacturers to enhance material properties such as strength, durability, and conductivity; GEM™ Graphene Enhanced Masterbatch products compatible with polymers including TPU, PP, HDPE, PLA, and recycled PET, delivering over 20% weight reduction, increased impact resistance, and reduced water vapor transmission at low loadings under 1%; and graphene-enhanced concrete admixtures that provide 25-30% greater compressive strength, up to 30% material usage reduction, faster curing, and improved sustainability. Founded in 2021 as a partnership between Mason Graphite and Thomas Swan & Co. Ltd., Black Swan Graphene maintains headquarters in Toronto, Ontario, Canada, with commercial-scale production facilities in Consett, United Kingdom, and operates globally through distribution networks spanning over 80 countries including China. In recent developments, the company secured a U.S. patent in July 2025 for its continuous graphene production process to support scalable output; raised CAD$6 million in February 2025 via non-brokered private placement to fund capacity expansion from 30-40 tonnes to 140 tonnes annually, equipment acquisition, sales staff hiring, and distribution growth; ordered next-generation production equipment in June 2025 to triple capacity; executed a preferred compounder agreement in May 2025 with Modern Dispersions Inc. designating Black Swan as preferred GNP supplier for GEM manufacturing and global promotion; and expanded its distribution agreement in August 2025 with Thomas Swan & Co. Ltd., its strategic partner and chairman's affiliate, appointing Thomas Swan as non-exclusive global reseller of GNP and GEM products leveraging warehouses in multiple regions.

Company News

APIChat
  • Black Swan Graphene Announces the Appointment of Katrina Damouni as Director, Communications & Capital Markets

  • Black Swan Graphene to Complete the Acquisition of Québec-Based Injection Molding Specialist Falpaco

  • Black Swan Graphene to Acquire Québec-Based Injection Molding Specialist Falpaco, Establishing a Vertically Integrated Platform

  • Black Swan Graphene to Acquire Quebec-Based Injection Molding Specialist Falpaco, Establishing a Vertically Integrated Platform

  • Black Swan Graphene annonce l'acquisition de Falpaco, spécialiste québécois du moulage par injection, établissant ainsi une plateforme verticalement intégrée

  • Black Swan Graphene Completes Production Capacity Expansion at Its United Kingdom Facility

  • Black Swan Graphene Granted Canadian Patent for Groundbreaking Bulk Production Technology of 2D Materials Including Graphene

  • Black Swan Graphene Reports Breakthrough Customer Trials with Global Masterbatch Partner and Advances High-Volume Opportunities in Consumer Packaging and Mobility Sectors

  • Black Swan Graphene and Thomas Swan Announce Expanded Distribution and Sales Agreement

  • Black Swan Graphene and Ferro Announce Distribution and Sales Agreement

  • Black Swan Graphene advances towards commercialization with GEM product collaborations

  • Black Swan Graphene Announces Progress in Commercial Initiatives, Highlighting the Strategic Role of Graphene-Enhanced Masterbatch

  • Black Swan Graphene secures US patent for continuous graphene production process

  • Black Swan Graphene Secures U.S. Patent for Breakthrough Continuous Graphene Production Process

  • Black Swan Graphene inks India distribution and sales deal with METCO Resources

  • Black Swan Graphene and METCO Resources Announce Distribution and Sales Agreement in India

  • Black Swan Graphene Releases Corporate Video Showcasing Operations

  • Black Swan Graphene Announces AGM Results

  • Black Swan Graphene to triple production capacity with next-generation system

  • Black Swan Graphene Orders Next-Generation Production System to Triple Capacity to 140 Tonnes