CyanConnode Holdings PLC Trading Update (7350O)
2023年10月5日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
TIDMCYAN
RNS Number : 7350O
CyanConnode Holdings PLC
05 October 2023
5 October 2023
CyanConnode Holdings plc
("CyanConnode" or the "Company")
Trading Update For The Six Month Period Ended 30 September
2023
CyanConnode Holdings plc (AIM: CYAN), a world leader in
Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to
provide a trading update for the six months ended 30 September 2023
(H1 FY 2024).
Period Highlights
-- Turnover of GBP5.8 million for the six-month period, 4.3
times higher than the equivalent FY 2023 period (H1 FY 2023:
GBP1.35 million). Revenue for the full financial year ended 31
March 2024 expected to be in line with market expectations.
-- Approximately GBP7.4 million cash received from customers
during the period, 1.6 times higher than the equivalent FY 2023
period (H1 FY 2023: GBP4.5 million).
-- 503k Omnimesh modules were shipped to customers during the
period, 5.8 times higher than the equivalent FY 2023 period (H1 FY
2023: 86k).
-- 1.4m Omnimesh modules ordered by IntelliSmart Infrastructure
Pvt. Ltd. (IntelliSmart) for three new utility customers.
John Cronin, CyanConnode Executive Chairman, commented :
"I am pleased with the progress made during the first half of
the financial year, which included winning orders and witnessing a
significant increase in revenue compared with H1 FY 2023.
The rollout in India is gaining momentum, with a significant
number of tenders being sanctioned and projects awarded to prime
bidders during this period. Currently, we have a backlog of over
2.9 million Omnimesh modules in India alone. I'm also pleased to
confirm that our revenue for the full financial year ended 31 March
2024 is expected to be in line with market expectations."
- Ends -
Enquiries:
CyanConnode Holdings plc Tel: +44 (0) 1223 865 750
John Cronin, Executive Chairman www.cyanconnode.com
Strand Hanson Limited (Nominated and Financial Adviser) Tel: +44 (0) 20 7409 3494
James Harris, Richard Johnson, David Asquith
Zeus Capital Limited (Broker) Tel: +44 (0) 20 3829 5000
Simon Johnson, Alexandra Campbell-Harris
About CyanConnode
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio
Frequency (RF) Smart Mesh Networks, which are used for machine to
machine (M2M) communication. As well as being self-forming and
self-healing, CyanConnode's RF Smart Mesh Networks are designed for
rapid deployment, whilst giving exceptional performance and
competitive total cost of ownership.
In June 2018, CyanConnode launched its award-winning Omnimesh
Advanced Metering Infrastructure (AMI) platform, which has already
gained considerable commercial traction, especially in India which
is a key market for the Company.
Through a Global partner eco-system, which is vendor agnostic,
CyanConnode has several routes to market, therefore it is well
positioned to capitalise upon increasing Global demand for smart
metering solutions.
For more information, please visit www.cyanconnode.com
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the company's obligations under Article 17 of MAR.
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END
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(END) Dow Jones Newswires
October 05, 2023 02:00 ET (06:00 GMT)
Cyanconnode (LSE:CYAN)
過去 株価チャート
から 4 2024 まで 5 2024
Cyanconnode (LSE:CYAN)
過去 株価チャート
から 5 2023 まで 5 2024