Light Science Technologies Holdings (“LSTH”) has reported a trading statement covering the full year to November 2024. Revenue was up by approximately 29% year-on-year to £12m, and gross margins have improved further to 28% (23% in FY23). The full year pre-tax loss improved from £1.1m to just c.£0.2m, with admin costs held steady despite the acquisitions made last year. The outlook is for further progress towards profitability and being operationally self-funded.
