2 February 2021 - interim results

The AIM-listed designer and manufacturer of products for the wireless telecoms and critical communications markets has announced its half-yearly results to 30 November.  These were pretty impressive in the circumstances with revenues falling slightly to £7.1m from £7.5m the previous year whilst adjusted EBITDA was a same again £0.6m.  Although the impact of Covid-19 remains uncertain, the company has continued to pick up new contracts with both existing and new customers with new senior management appointments also pointing towards a brighter future.  The shares are worth a closer look . . .

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