Oct 16, 2019 / 07:30AM GMT
Michael A. Edelman - Nanoco Group plc - CEO & Executive Director
Welcome everyone to the 2019 Nanoco results. Welcome in the room, and welcome to the people on the call.
2019 can be described as a year of ups and downs. From an operational point of view, highlights include completing all the milestones for the U.S. customer, Runcorn facility complete, final validation is underway. The performance of our CFQD red, green dots for display have been significantly enhanced, and the IP portfolio, which is critical to the company has grown to just over 750 patents.
On the downside, our U.S. customer made the decision not to move forward with the specific program. And back on the upside, it was the best financial performance in the company's history, with revenue more than doubling to GBP 7.1 million, EBITDA loss shrinking to GBP 3.8 million, contracted orders for this current financial year, FY '20, currently sit at GBP 3.5 million and cash increased since the last period to GBP 7 million.
Many of you know Nanoco, so I'm not going to focus in detail on this slide, but just to
Full Year 2019 Nanoco Group PLC Earnings Call Transcript
Feb 14, 2024
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