Physiomics has today announced its unaudited results for the six months ended 31 December 2022. Revenue was £338k, down 8% year-on-year. The operating loss was £287k, compared to the loss of £170k in the previous comparable period. Cash and cash equivalents was £498k (compared to £688k as of 30 June 2022). The higher operating loss was due to the reduction in grant income by £21k, higher staffing costs and travel expenses for in-person conferences.
Hybridan’s view and forecast: We maintain ou ....
07 Mar 2023
Hybridan Research: 07/03/2023: Physiomics plc: Client and geographic diversification
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Hybridan Research: 07/03/2023: Physiomics plc: Client and geographic diversification
Physiomics Plc (PYC:LON) | 0.3 0 (-8.6%) | Mkt Cap: 0.80m
- Published:
07 Mar 2023 -
Author:
Claire Noyce -
Pages:
13 -
Physiomics has today announced its unaudited results for the six months ended 31 December 2022. Revenue was £338k, down 8% year-on-year. The operating loss was £287k, compared to the loss of £170k in the previous comparable period. Cash and cash equivalents was £498k (compared to £688k as of 30 June 2022). The higher operating loss was due to the reduction in grant income by £21k, higher staffing costs and travel expenses for in-person conferences.
Hybridan’s view and forecast: We maintain ou ....