01 Mar 2023
Haydale Graphene - Interim results
Haydale has reported interim results for the six months ended December 2022. It is on track to meet revenue and EBITDA expectations for FY23 with revenue growing 50% to £1.78m and adjusted LBITDA increasing slightly from £1.75m to £1.89m in H1 as it invested to drive growth. Net cash was £1.6m (£3.0m gross), with the impact of the £5.15m net fundraise in September 2022 offset by higher-than-expected outflows as Haydale built inventory to service demand. We expect cash outflow to reduce over the ....
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Haydale Graphene - Interim results
Haydale Graphene Industries Plc (HAYD:LON) | 0.5 0 0.0% | Mkt Cap: 8.18m
- Published:
01 Mar 2023 -
Author:
David Buxton | Michael Clifton -
Pages:
11
Haydale has reported interim results for the six months ended December 2022. It is on track to meet revenue and EBITDA expectations for FY23 with revenue growing 50% to £1.78m and adjusted LBITDA increasing slightly from £1.75m to £1.89m in H1 as it invested to drive growth. Net cash was £1.6m (£3.0m gross), with the impact of the £5.15m net fundraise in September 2022 offset by higher-than-expected outflows as Haydale built inventory to service demand. We expect cash outflow to reduce over the ....