redT energy (RED LN)# , an energy storage solutions company, has announced its interim results for the six months ended 30 June 2018. Revenue: £1.2m, +33.3% YoY (H1 2017: £0.9m), VSA FY estimate is £4.1m. EBIT: loss of £5.7m (H1 2017: loss of £3.1m), VSA FY estimate is a loss of £11.9m. Net Cash as of 30 June 2018: £3.9m (31 December 2017: £6.6m)
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VSA Morning Alt Energy Comment
- Published:
13 Sep 2018 -
Author:
VSA Research Team -
Pages:
4
redT energy (RED LN)# , an energy storage solutions company, has announced its interim results for the six months ended 30 June 2018. Revenue: £1.2m, +33.3% YoY (H1 2017: £0.9m), VSA FY estimate is £4.1m. EBIT: loss of £5.7m (H1 2017: loss of £3.1m), VSA FY estimate is a loss of £11.9m. Net Cash as of 30 June 2018: £3.9m (31 December 2017: £6.6m)