A provider of visually intelligent solutions to the global surveillance, security and safety markets.
3-Oct-2018 – 29.25p – £42.5m – PER n/a
Trading Update For The 6 Months To End September 2018 – 60 units sold compared to 57 all of last year. Cash at £12.6m. No mention of Revenue, PBT, EPS, etc.
Don’t usually cover loss makers but this popped up on my Tech Screen recently. I will look to do a little more research here whilst remaining Neutral for now.
10-Dec-2018 – 26.9p – £39.1m – PER n/a
Interim Results For The 6 Months To End September 2018 – Revenue up from £0.3m to £3.2m, Loss reduced to -£0.8m (from -£1.7m last time). 60 units shipped versus 3 units last time – Has £12.6m in Cash (up from £11.7m). Trading in-line with management’s expectations.
A loss maker that is still currently on my Tech Screen – Will keep an eye out for updates on profitabiliy.