Nocopi Technologies Reports Second Quarter Results
Nocopi Technologies (OTCQB: NNUP) reported fiscal 2026 second quarter results, with net sales increasing 167% to $0.96 million and cash and cash equivalents totaling $10.69 million with no debt. The company completed the acquisition of the Polymeric Group on May 18, 2026, and appointed Gregory S. Babe as Executive Director of Operations; Mr. Babe formerly served as Chief Technology Officer of Matthews International (NASDAQ: MATW).
Key figures
- Revenue
- $0.96 million
- Revenue Yoy
- 167%
- Cash
- $10.69 million
- Gross profit
- $0.36 million
- Working capital
- $12.7 million
- Shareholders equity
- $14.4 million
AI analysis
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