Ilika plc (GB:IKA) has released an update.
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Ilika plc, a leader in solid-state battery technology, announced trading in line with expectations, projecting £2.0m in FY 2024 revenue, up from £0.8m the previous year, with a higher-than-anticipated cash position of approximately £11.0m. The company also invites investors to a Q&A session rescheduled for April 26, following their Capital Markets Day, with presentations showcasing their advancements, financials, and market opportunities in battery technology.
For further insights into GB:IKA stock, check out TipRanks’ Stock Analysis page.
