masurenguy

15/1/2025 07:27

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2024 trading update

Revenue in the twelve months to 31st December 2024 is expected to be approximately £62.7 million (FY23: £70.6 million). Revenue growth in new markets has been encouraging but ongoing and significant weakness in ceramics, particularly through the second half year, has held back overall results. Gross margin rates are in line with expectation and, coupled with careful cost management, means the Group anticipates reporting a modest full year adjusted profit before tax (FY23: £2.9 million) in line with previous expectations. The year-end net cash position remains robust at some £8.2 million (FY23: £5.7 million) and the Group's £5 million revolving credit facility remains undrawn.

The Group remains optimistic about future growth in printhead revenues. There are a significant number of immediate opportunities in our pipeline, particularly in exciting new applications where Xaar technology has competitive advantage. What remains uncertain is the exact timing of commercial adoption, something which is influenced by broader market factors. At present there are a wide range of outcomes possible for FY25. As the Board expects greater visibility by the time of the full year results, we will provide an outlook for FY25 at that time.

masurenguy

14/1/2025 14:04

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Update tomorrow - no position.

lennonsalive

14/1/2025 13:36

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And back down again

knighty0001

02/1/2025 15:43

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Trades are up, someone know something we don't.

kemche

02/1/2025 14:32

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Any reason? Looking very perky!

amt

25/11/2024 10:52

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It's been a bizarre share. I sold out a longtime ago but missed the rebound. Everything seemed to be going downhill at the time. Now reality has set in.

bigbigdave

20/11/2024 07:09

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CFO leaving, not a good sign. No position here.

ny boy

05/11/2024 13:00

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Looks terminal

amt

01/11/2024 08:24

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Xaar defied gravity for ages, I know not why. Now that support has gone.

wrighna1

23/10/2024 20:21

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Lots of it

napoleon 14th

22/10/2024 17:57

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This one is like Zotefoams (ReZorce) - desperately needs the new product (aequious cartridges) to sell and be a "company maker".

Not happening for either of them...

gargoyle2

17/10/2024 08:54

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I remember a John Mills presentation about 18 months ago -- "We WILL be successful". Another snake oil salesman?

kemche

18/9/2024 08:42

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Jam deferred.

bigbigdave

18/9/2024 06:24

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Very poor imo

grity

23/8/2024 14:02

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Sub £1 anyone ?

amt

01/8/2024 06:33

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Well I suppose it couldn't defy gravity for ever

pugugly

28/5/2024 15:58

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Even more of a difference over 10 years -

kemche

28/5/2024 14:00

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What a difference 2 months makes!

farmergeorge

12/4/2024 17:54

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So, is there anything solid driving the recent SP? I appreciate that volumes are low.

amt

28/3/2024 07:12

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Yes the smaller companies market is catastrophic, especially AIM
Raising cash is only possible at massive discounts.
Even the larger companies are electing the US ahead of UK.