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Ilika – full-year results, how well funded progress towards commercialisation?

By Steve Moore | Thursday 11 July 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on company describing itself as “an independent global expert in solid-state battery technology” Ilika plc (IKA), in May with the shares at 28.5p I noted on an “up to” £3.4 million discounted fundraising stated “to provide additional support for the development of its Goliath solid-state battery” that I’d like to see the latest balance sheet detail first. So what of now-announced results for its year ended 30th April 2024?

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