Customer orders in Q4E have moved to the right as a result of the COVID-19 crisis leading to a revenue shortfall in FY20E. While these orders are deferred and not cancelled, precise visibility over their future timing is limited and we are withdrawing forecasts for FY21E. Kromek's strong balance sheet adequately fully absorbs the shortfall in cash flow and we aim to reinstate forecasts by the time the company reports its final results.
