REG - CAP-XX Limited - Update re. final results and current trading

CAP-XXAnnouncement

21/10/2024 10:00

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RNS Number : 9582I  CAP-XX Limited  21 October 2024

21 October 2024

CAP-XX Limited

("CAP-XX" or "the Company")

Year ended 30 June 2024 results timetable and current trading

The Board of CAP-XX Limited, a world leader in the design and manufacture of
thin, prismatic supercapacitors and energy management systems, announces that
the publication of its financial results for the year ended 30 June 2024,
previously planned for 29 October 2024, will now take place on 29 November
2024.

Completion of the financial statements is still in progress, including the
required completion of the audit process.

Current Trading

·      Customer orders received for Q1 FY25 are 30% ahead of the
equivalent period in FY24

·      Products shipped and invoiced for Q1 FY25 are 36% ahead of the
equivalent period in FY24

·      The current book to bill ratio of 1.25 is considered healthy in
the industry

The Company's application to the Australian Tax Office for a net R&D tax
rebate totalling AU$1.2m is progressing and the Board anticipates this rebate
to be received by the end of November 2024.

 

For further information contact:

CAP-XX Limited

Pat Elliott
(Chairman)
+61 (2) 9157 0000

Lars Stegmann (Chief Executive Officer)

 

Allenby Capital (Nominated Adviser and Joint Broker)

David Hart / Piers Shimwell (Corporate Finance)
                                +44 (0) 20
3328 5656

Tony Quirke / Jos Pinnington (Sales and Corporate Broking)

 

Notes to Editors:

About CAP-XX

CAP-XX (LSE: CPX) is a leader in the design and manufacture of thin, flat
supercapacitors and energy management systems used in portable and small-scale
electronic devices, and to an increasing extent, in larger applications such
as automotive and renewable energy. The unique feature of CAP-XX
supercapacitors is their very high-power density and high energy storage
capacity in a space-efficient prismatic package. These attributes are
essential in power-hungry consumer and industrial electronics and deliver
similar benefits in automotive and other transportation applications.

For more information about CAP-XX, visit www.cap-xx.com
(http://www.cap-xx.com)

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