Cambridge Cognition today announced a trading update for the year ending 31 December 2018. Revenue for the year is expected to be in the region of £6.0m (FY17: £6.7m). The Group has experienced improved sales orders and would have reported higher revenue if not for a timing issue and the adoption of IFRS15 in FY18. We expect a larger loss for the year due to the reduction in revenue. As highlighted in our previous note, COG has demonstrated the ability to commercialise new technology, however, n ....
19 Dec 2018
Trading update.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Trading update.
Cambridge Cognition Holdings Plc (COG:LON) | 54.5 -0.3 (-0.9%) | Mkt Cap: 19.1m
- Published:
19 Dec 2018 -
Author:
Thomas Like -
Pages:
4
Cambridge Cognition today announced a trading update for the year ending 31 December 2018. Revenue for the year is expected to be in the region of £6.0m (FY17: £6.7m). The Group has experienced improved sales orders and would have reported higher revenue if not for a timing issue and the adoption of IFRS15 in FY18. We expect a larger loss for the year due to the reduction in revenue. As highlighted in our previous note, COG has demonstrated the ability to commercialise new technology, however, n ....