09 Nov 2021
genedrive - FY 2021 results
Audited full-year results for the year to 30 June were in line with the unaudited FY 2021 results released at the time of genedrive’s recent placing and open offer, with revenues of £0.7m (2020: £1.1m) and a loss for the year of £0.7m (2020: £19.4m loss). Unaudited cash at 31 October was £7.3m after the successful equity fundraise of £7.1m gross (c. £6.6m net) in September 2021, which extends its cash runway into 2023. The results reflect a disappointing year in which genedrive was unable to ach ....
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genedrive - FY 2021 results
Genedrive Plc (GDR:LON) | 6.1 0 8.9% | Mkt Cap: 8.77m
- Published:
09 Nov 2021 -
Author:
Mark Brewer | Cavendish Research -
Pages:
10
Audited full-year results for the year to 30 June were in line with the unaudited FY 2021 results released at the time of genedrive’s recent placing and open offer, with revenues of £0.7m (2020: £1.1m) and a loss for the year of £0.7m (2020: £19.4m loss). Unaudited cash at 31 October was £7.3m after the successful equity fundraise of £7.1m gross (c. £6.6m net) in September 2021, which extends its cash runway into 2023. The results reflect a disappointing year in which genedrive was unable to ach ....