Light Science Technologies Holdings (“LSTH”) has reported results for the full year to November 2024. Revenue grew 29.5% year-on-year to £12m, and gross margins have improved further to 30.3% (23.4% in FY23) as the business reweights towards Agtech and passive fire protection. The full year pre-tax loss improved from £1.1m to just £30k after making a £127k goodwill write off. The outlook is for further progress towards profitability and being operationally self-funded.
