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Alexium Advances mPCM Tech Amid Mattress Market Challenges
2:46pm on Friday 31st of January, 2025 AEDT
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Manufacturing
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Alexium Advances mPCM Tech Amid Mattress Market Challenges
2:46pm on Friday 31st of January, 2025 AEDT
Key Points
16% sales growth in Q2 FY25 despite lower-than-expected revenues
Breakthroughs in microencapsulated phase change materials (mPCM) technology
Shift to direct sales of finished flame-retardant components to end-user brands
Secured $932,550 shareholder loan to support working capital
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Alexium International (ASX:AJX)
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