Haydale has announces its financial results for H1 FY2021 (which ended on December 2020 – revenues were £1.28 million, down 5% from last year, while operating loss was reduced by 34%. At the end of December 2020, Haydale had £1.88 in cash and equivalents.
Haydale says that even though the covid-19 pandemic impacted several of its key markets, the company observed greater interest from existing and new customers. The company anticipates that full FY2021 revenue will be in line with FY2020, while lower operating costs will lead to a reduced operating loss.
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Haydale, Graphene investing and financials