Interim results from CAP-XX, the leading supercapacitor designer and manufacturer, saw revenue increase 4% to A$1.6m, a 500bps improvement in gross margin following the realisation of previously announced manufacturing initiatives and a 5% reduction in overheads. As a result, adj. loss reduced 29% to A$1.0m. Period end cash was A$4.6m including the proceeds of November’s placing (£1.75m) and an R&D tax rebate of A$1.6m. The sales pipeline for prismatic and cylindrical can supercapacitors is repo ....
06 Mar 2019
Medium-term potential remains; short-term cloudy
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Medium-term potential remains; short-term cloudy
CAP-XX Limited (CPX:LON) | 0.1 0 0.0% | Mkt Cap: 0.82m
- Published:
06 Mar 2019 -
Author:
David Johnson -
Pages:
2
Interim results from CAP-XX, the leading supercapacitor designer and manufacturer, saw revenue increase 4% to A$1.6m, a 500bps improvement in gross margin following the realisation of previously announced manufacturing initiatives and a 5% reduction in overheads. As a result, adj. loss reduced 29% to A$1.0m. Period end cash was A$4.6m including the proceeds of November’s placing (£1.75m) and an R&D tax rebate of A$1.6m. The sales pipeline for prismatic and cylindrical can supercapacitors is repo ....