Black Swan Graphene Inc

Black Swan Graphene Inc

SWAN.V
Black Swan Graphene IncCA flagToronto Stock Exchange Ventures
0.86
CAD
-0.01
- -
40.33MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.03
Basic EPS, GAAP
- -
-0.05
-0.28
-0.16
-0.09
-0.15
-0.14
Free Cash Flow per Basic Share
- -
-0.16
-0.1
-0.1
-0.06
-0.08
-0.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
0.39
0.47
0.37
0.28
0.25
0.24
Tangible Book Value per Share
- -
0.14
0.24
0.17
0.11
0.15
-0.04
Basic Weighted Avg Shares
35
35
30
37
38
49
53
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
2
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-359.26
Depreciation Expense
- -
- -
1
1
1
1
1
Net Income, GAAP
- -
-2
-8
-6
-3
-8
-7
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-408.09
Working Capital
- -
5
9
6
3
8
4
LT Debt
- -
- -
- -
- -
- -
- -
8
Total Equity
- -
14
17
14
10
13
13
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-27.72
-55.27
-39.82
-27.97
-63.27
-52.85

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
1
LT Borrowings
- -
- -
7
LT Finance Leases
- -
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
56
Market Capitalization
- -
63
65

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8
7
6
Cash, Cash Equivalents & STI
8
7
4
Accounts Receivable, Net
- -
- -
2
Inventories
- -
- -
1
Total Current Liabilities
1
- -
2
Payables & Accruals
1
- -
1
ST Debt
- -
- -
1
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
- -
2
- -
- -
- -

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
-0.04
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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

Company Description

CEO
Simon Marcotte
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
1410-120 Adelaide Street West Toronto ON Canada M5H 1T1
IPO Date
Jan 20, 2026
Business
Black Swan Graphene Inc. engages in the large-scale production and commercialization of patented graphene nanoplatelet products and graphene-enhanced material solutions for industrial applications. The Company’s principal offerings comprise GraphCore™ graphene nanoplatelet powders and dispersions for compounders and manufacturers; GEM™ (Graphene Enhanced Masterbatch) pelletized products designed for incorporation into polymer processing and molding supply chains; and graphene-enhanced concrete and cement admixtures intended to improve compressive strength, durability, curing performance and material efficiency. Its GEM™ portfolio includes formulations for polypropylene, high-density polyethylene, polyethylene terephthalate, polyamide 6, polyamide 66 and thermoplastic polyurethane, serving applications including automotive components, battery casings, wires and cables, flexible and rigid packaging, textiles, industrial products, agricultural films and consumer goods. The Company also targets concrete, cement, Li-ion battery and other advanced-material markets, supplying graphene intended to enhance mechanical strength, barrier properties, thermal conductivity, lightweighting and sustainability characteristics. Headquartered in Toronto, Ontario, Canada, Black Swan Graphene operates a production facility in Consett, United Kingdom, and markets its products through direct sales, distributors, compounders and strategic partners across North America, Europe and other international markets. The Company’s technology platform includes intellectual property and graphene-production know-how acquired from Thomas Swan & Co. Ltd. in 2022, and it maintains commercial and distribution relationships with companies including Thomas Swan, Hubron International, Broadway Colours, Gerdau Graphene and Concretene. In recent developments, Black Swan completed an expansion of production capacity at its United Kingdom facility in March 2026; acquired Quebec-based custom plastic and rubber injection-molding manufacturer Falpaco Rubber & Plastic Inc. in April 2026 for approximately C$12.6 million, establishing a vertically integrated platform encompassing graphene production, masterbatch development and molded-component manufacturing; and appointed a director of communications and capital markets in May 2026. The Company was founded in 2019 and its common shares trade on the TSX Venture Exchange under the symbol SWAN, on the OTCQX under BSWGF and on the Frankfurt Stock Exchange under R960.