Tan Delta Systems PLC (GB:TAND) has released an update.
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Tan Delta Systems PLC, a leader in monitoring and maintenance systems, has reported a decrease in H1 2024 revenue to £0.66m compared to £0.96m in H1 2023, along with a loss before tax of £0.53m. Despite these figures, they hold a robust cash position of £3.62m and a promising sales pipeline with potential contracts worth £4.5m. The company anticipates at least £1.85m of these contracts to close within the current year, maintaining an optimistic outlook for future financial performance.
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