IXICO has provided a trading update for the 6-months to March 2022, noting that trading has been in-line with expectations and results for the full year are expected to be in line with our forecasts. For H1/22E, revenues are expected to be £3.9m and the company expects to be EBITDA profitable for the period. The order book was £12.6m at 31 March 2022 and cash was £5.8m, reflecting operating cash inflows offset by continued capital investment. Our unchanged forecasts see a return to double-digit ....
25 Apr 2022
Cenkos: IXICO Plc -- Half-year trading update
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Cenkos: IXICO Plc -- Half-year trading update
IXICO Plc (IXI:LON) | 8.8 0 0.0% | Mkt Cap: 4.23m
- Published:
25 Apr 2022 -
Author:
Chris Donnellan -
Pages:
6
IXICO has provided a trading update for the 6-months to March 2022, noting that trading has been in-line with expectations and results for the full year are expected to be in line with our forecasts. For H1/22E, revenues are expected to be £3.9m and the company expects to be EBITDA profitable for the period. The order book was £12.6m at 31 March 2022 and cash was £5.8m, reflecting operating cash inflows offset by continued capital investment. Our unchanged forecasts see a return to double-digit ....