06 Oct 2022
Haydale Graphene - FY2022 results in line with expectations
Haydale has reported FY results for the year ended June 2022. Revenue (£2.9m), adjusted LBITDA (£3.3m) and net debt (£0.2m) at the year-end were all in line with our forecasts and the July trading update. Cash has since been bolstered by the recent £5.15m net fundraise. Commercial progress remains encouraging, as Haydale continues to focus on products that can deliver commercial momentum most rapidly. We make no changes to operating forecasts and adjust for the recent open offer. Our target pric ....
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Haydale Graphene - FY2022 results in line with expectations
Haydale Graphene Industries Plc (HAYD:LON) | 0.5 0 0.0% | Mkt Cap: 8.18m
- Published:
06 Oct 2022 -
Author:
David Buxton | Michael Clifton -
Pages:
11
Haydale has reported FY results for the year ended June 2022. Revenue (£2.9m), adjusted LBITDA (£3.3m) and net debt (£0.2m) at the year-end were all in line with our forecasts and the July trading update. Cash has since been bolstered by the recent £5.15m net fundraise. Commercial progress remains encouraging, as Haydale continues to focus on products that can deliver commercial momentum most rapidly. We make no changes to operating forecasts and adjust for the recent open offer. Our target pric ....