Another great blog post by Twitter user @WillThrower3. This one goes into detail on the manufacturing process of Zinclear and its competative moat both in terms of cost of production and product capacity. 

If you are even slightly interested in the company you need to follow Will and read his blog posts.

https://dumilecapital.com/2021/05/17/advance-nanoteks-massive-cost-advantage/

Today management have released the HY results for FY21 and at first glance.... ouch.

Revenue down 69% and profit down 93%. 

This is not totally unexpected as management have been pretty open and forth coming about how severely they have been impacted by the Covid lockdowns and travel essentially non-existant for most of the world.

However whilst sales have been slow the have been busy increasing inventories and upgrading the facilites to increase ZincClear capaicty to 5000MT per annum. The have also developed of 15 new dispersions and installed a production line to produce 250M tubes for direct and whitelabel sales. These prodcution upgrades were all funded via current cashflows which makes the 93% drop in profit worse then it is in reality. 

Still a quality company with quality managment that have plenty of skin in the game with the vision to increase capacity in anticipation of the world returning to some type of normal. 

Full Report

Great write-up of the FY20 results from user @WillThrower3 on twitter. Will was the author of the report I posted in my #History straw.

https://twitter.com/WillThrower3/status/1291205589452775424

Advance Nanotek announces a new patent for an antimicrobial hand, face and body moisturiser. The product contains zinc and hinokitiol as active ingredients and has been sent to MSL Solutions for testing for efficacy against feline coronavirus as they did for the mouth spray. The announcement makes no claims to be a preventative or cure for COVID19.

This announcement reads a lot more coherent and to the point compared to previous announcements.    

https://www.asx.com.au/asxpdf/20200701/pdf/44k49z04q0l9cb.pdf

Came across this article. Not sure who wrote it but it provide some great insights into how the company got to where it is today, the management team, competitiors and addressable market.

Well worth a read.

https://valueinvestorsclub.com/idea/Advance_Nanotek_Limited/7700316588