11 May 2021 - interim results

The AIM-listed specialist manufacturer of touch sensors has announced its interim results for the six months to 31 March and these have revealed a sharp fall in revenues to £4.8m (2020: £7.4m) as these were affected by coronavirus.  This led to a loss before tax of £0.31m (2020: profit of £0.46m).  The group ended the period with net cash of £7.8m, a decline of £6.2m during the period, although this was after paying shareholders £6.7m through the share buyback in February.  Although these results look underwhelming at . . .

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