29 April 2021 - final results
The AIM-listed technology group, which has developed filtration technologies for the laundry industry, has announced annual results for 2020. The figures are largely irrelevant given the stage of the group's development with revenues for the year being just £0.4m with an adjusted EBITDA loss of £6.8m being recorded. The company continues to licence its technology which is at the forefront of reducing pollution from microfibres which are produced when washing garments and which end up finding their way into the sea. As the technology moves steadily towards commercialisation so the appeal . . .
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