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NANO - Nanoco News Story

12.8p -0.1  -0.8%

Last Trade - 15/11/19

Sector
Technology
Size
Micro Cap
Market Cap £36.6m
Enterprise Value £30.1m
Revenue £7.12m
Position in Universe 1237th / 1845

BRIEF-Nanoco FY Rev More Than Doubles, Loss After Tax Narrows

Wed 16th October, 2019 7:18am
Oct 16 (Reuters) - Nanoco Group PLC  NANON.L :
    * FY BILLINGS £9.6 MILLION (2018: £6.5 MILLION)
    * FY REVENUE MORE THAN DOUBLED TO £7.1 MILLION (2018: £3.3
MILLION)
    * FY LOSS AFTER TAX REDUCED TO £4.4 MILLION (2018: £6.0
MILLION)
    * EXPECT TO HAVE C.£6.0M CASH ON HAND IN DECEMBER 2019 WHEN
US
CUSTOMER CONTRACT ENDS
    * DISAPPOINTING THAT U.S. CUSTOMER DECIDED NOT TO CONTINUE
CURRENT
PROJECT CONTRACT WHEN IT EXPIRES IN DEC
    * "REMAIN CONFIDENT IN GROUP'S ASSETS, TEAM AND
CAPABILITIES"

Source text for Eikon:  ID:nRSP0001Qa 
Further company coverage:  NANON.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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