Results: Falanx have reported 2015/16 Full Year Results, which are in-line with management expectations. Revenue was £1.8m compared to £1.9m in 2015 and operating loss was £2.65m v £2.2m in 2015, which was in-line with our expectations. EPS saw a c20% improvement from 2015; -3.79p v -4.75p. Cash and cash equivalents at the end of the year stood at £0.4m, which again was broadly in-line with estimations. Post the recent fund raising, as of 30th June 2016 Falanx ha
18 Jul 2016
Full Year Results 2015/16
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Full Year Results 2015/16
Cloudified Holdings Limited (CHL:LON) | 0 0 0.0% | Mkt Cap: 1.18m
- Published:
18 Jul 2016 -
Author:
Christopher Furness -
Pages:
2
Results: Falanx have reported 2015/16 Full Year Results, which are in-line with management expectations. Revenue was £1.8m compared to £1.9m in 2015 and operating loss was £2.65m v £2.2m in 2015, which was in-line with our expectations. EPS saw a c20% improvement from 2015; -3.79p v -4.75p. Cash and cash equivalents at the end of the year stood at £0.4m, which again was broadly in-line with estimations. Post the recent fund raising, as of 30th June 2016 Falanx ha