News blog
Itaconix
- BY: Andrew Hore |
- POSTED: 18/02/2019 |
Itaconix says that last year’s revenues were slightly lower than forecast.
The sustainable polymers developer generated 2018 revenues of £700,000, up from £553,000 in 2017. The annualised cost base is running at £2.1m.
Net cash was £2.1m at the end of 2018 and there are £300,000 of research and development credits expected in the near future.
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