Light Science Technologies Holdings (“LSTH”) has reported strong interim results. Revenue was up 19% year-on-year and gross margins have improved further to 27% (21% in 1H23). The half year pre-tax loss improved from £809k to £334k, with admin costs held steady despite the acquisitions made last year. The outlook is for further progress towards profitability.

31 Jul 2024
Light Science Technologies Holdings plc - Half year revenue +19%, gross margins up to 27% and further progress towards profitability

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Light Science Technologies Holdings plc - Half year revenue +19%, gross margins up to 27% and further progress towards profitability
Light Science Technologies Holdings plc (LST:LON) | 3.6 0 0.0% | Mkt Cap: 11.8m
- Published:
31 Jul 2024 -
Author:
Jason Streets -
Pages:
10 -
Light Science Technologies Holdings (“LSTH”) has reported strong interim results. Revenue was up 19% year-on-year and gross margins have improved further to 27% (21% in 1H23). The half year pre-tax loss improved from £809k to £334k, with admin costs held steady despite the acquisitions made last year. The outlook is for further progress towards profitability.