Sondrel has released its inaugural annual results as a public company following its successful IPO last year. The results are in-line with expectations and guidance at both the top and bottom-line. The year saw the effective pivot from being a predominantly design consultancy model to a full turnkey ASIC provider. The Group successfully expanded its US presence and started designing at 3nm node sizes. Sondrel's valuation looks very compelling with an FY2 EV/Sales of 1.0x compared to UK semicondu ....
