CAP-XX FY22 results demonstrate significant product sales growth thanks to the conversion of former Murata customers. Looking ahead, we continue to expect sales growth to accelerate, driven by the conversion of 75% of Murata customers and a significant increase in new products, though this is tempered in the near-term by shortages of integrated circuits and supply constraints in Asia Pacific. We continue to forecast CAP-XX reaching EBITDA profitability in FY23E with potential upside from Maxwell ....
29 Sep 2022
Cenkos: CAP-XX Ltd -- Product portfolio growth driving value
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Cenkos: CAP-XX Ltd -- Product portfolio growth driving value
CAP-XX Limited (CPX:LON) | 0.1 0 0.0% | Mkt Cap: 0.82m
- Published:
29 Sep 2022 -
Author:
John-Marc Bunce -
Pages:
16
CAP-XX FY22 results demonstrate significant product sales growth thanks to the conversion of former Murata customers. Looking ahead, we continue to expect sales growth to accelerate, driven by the conversion of 75% of Murata customers and a significant increase in new products, though this is tempered in the near-term by shortages of integrated circuits and supply constraints in Asia Pacific. We continue to forecast CAP-XX reaching EBITDA profitability in FY23E with potential upside from Maxwell ....