Ilika – full-year results, it is not its board's confidence which is important!
Ilika (IKA) has announced results for its year ended 30th April 2022 including emphasising that it “has continued to develop and commercialise its thin-film Stereax miniature solid-state batteries for powering implantable medical devices and industrial wireless sensors in hostile environments, as well as progressing the development of its large-format Goliath cells for electric vehicles and cordless appliances” and “cash, cash equivalents and bank deposits of £23.4m (2021: £9.8m)”. So what of a current 45p share price, £70.9 million market cap, down approaching 12%?
- By Steve Moore
- 2022-07-13 16:06:59