Tan Delta has reported earnings for the year to 31 December 2024. Revenue, as previously outlined in the mid-December update, was £1.22m. The fundamentals remain strong, with no borrowings and cash of £3.1m. The Group has built a significant risk-weighted sales pipeline, currently standing at £35m. Twenty active trials are ongoing, and management reports a growing number of strategic engagements with global OEMs, particularly in the global power and marine sectors. That said, the flow of purchas ....

12 May 2025
Tan Delta Systems (TAND LN) - Full year results inline; pipeline growing but conversion remains key - Corporate

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Tan Delta Systems (TAND LN) - Full year results inline; pipeline growing but conversion remains key - Corporate
Tan Delta Systems PLC (TAND:LON) | 17.5 0 0.0% | Mkt Cap: 12.8m
- Published:
12 May 2025 -
Author:
Robin Byde -
Pages:
7 -
Tan Delta has reported earnings for the year to 31 December 2024. Revenue, as previously outlined in the mid-December update, was £1.22m. The fundamentals remain strong, with no borrowings and cash of £3.1m. The Group has built a significant risk-weighted sales pipeline, currently standing at £35m. Twenty active trials are ongoing, and management reports a growing number of strategic engagements with global OEMs, particularly in the global power and marine sectors. That said, the flow of purchas ....