This morning Microsaic has published its FY’19 final results and are in-line with management expectations. Results were largely pre-flagged at the trading update in January, with the company reporting £872k of revenue, a £2.78m loss after tax and a cash position of £2.62m. The company has matured a lot over the last year, with total revenue up 50% YoY, four new commercial agreements (five including the recent Axcend deal in February) giving global presence, the launch
09 Mar 2020
FY’19 results in line and highlights substantial market opportunities
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY’19 results in line and highlights substantial market opportunities
Microsaic Systems plc (MSYS:LON) | 1.0 0 4.8% | Mkt Cap: 0.11m
- Published:
09 Mar 2020 -
Author:
Edward Thomason -
Pages:
3
This morning Microsaic has published its FY’19 final results and are in-line with management expectations. Results were largely pre-flagged at the trading update in January, with the company reporting £872k of revenue, a £2.78m loss after tax and a cash position of £2.62m. The company has matured a lot over the last year, with total revenue up 50% YoY, four new commercial agreements (five including the recent Axcend deal in February) giving global presence, the launch