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Pin to quick picksInspirit Energy Share News (INSP)

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Boiler Manufacturer Inspirit Energy Interim Loss Narrows On Lower Costs

Thu, 29th Mar 2018 15:11

LONDON (Alliance News) - Inspirit Energy Holdings PLC, a developer of combined heat and power boilers, on Thursday reported a narrowed pretax loss for the first half of its 2018 financial year due to a drop in administrative costs, and said that it continued to advance its microCHP boiler towards commercialisation.

For the six months to end of 2017, the company recorded a pretax loss of GBP184,000, compared with a pretax loss of GBP215,000 in the year ago period. No revenue was generated in either financial periods.

Administrative costs fell to GBP169,000 from GBP214,000.

"Last six months has seen another progressive step for the company with reduction in development costs and the charger unit maintaining its output to management expectations," Chairman and CEO John Gunn.

Shares in the company were trading 20% lower at 0.04 pence Thursday afternoon.

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Inspirit Nears Completion Of Commercial Design For mCHP Boiler

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18 Sep 2014 13:19

Inspirit Energy Signs mCHP Boiler Deal With Calor Gas

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18 Sep 2014 08:48

Inspirit Energy Issues Shares To Settle Professional Fees

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1 Jul 2014 10:27

Inspirit Energy Signs Closer Manufacturing Partnership With Malvern

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26 Jun 2014 10:45

Inspirit Energy Raises GBP1 Million In Placing To Fund Boiler Development

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24 Jun 2014 16:08

New Quindell CEO builds company holding

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24 Jun 2014 09:17

DIRECTOR DEALINGS: Lenigas Buys 1.5 Million Inspirit Energy Shares

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23 Jun 2014 09:04

Inspirit Energy Up As It Signs New Deal For Boiler Control Systems

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22 May 2014 10:21

DIRECTOR DEALINGS: Inspirit Energy Chairman Buys 500,000 Shares

LONDON (Alliance News) - Inspirit Energy Holdings PLC Thursday said Chairman David Lenigas bought 500,000 shares at a price of 1.3 pence per share. Following this transaction, Lenigas now holds 3.5 million shares, which represents 0.61% stake in the firm. Shares in the investment hold

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19 May 2014 12:18

Inspirit Energy Wins Deal To Supply Boilers For Utility's Test Facilities

LONDON (Alliance News) - Inspirit Energy Holdings PLC said Monday it has signed a deal with a major European utility firm to supply and install boilers at the unnamed company's test facilities. The company said that the landmark agreement with the unnamed firm will see Inspirit Energy suppl

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31 Mar 2014 12:46

Inspirit Energy Loss Widens As mCHP Boiler Development Continues

LONDON (Alliance News) - Inspirit Energy Holdings PLC Monday said its pretax loss widened in its first half as expenses linked to technology development hit the company. The AIM-listed company is trying to develop a so-called mCHP boiler that will be able to both heat and provide electricit

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25 Feb 2014 11:19

Inspirit Energy Raises GBP250,000 As It Moves Forward With New Boiler

LONDON (Alliance News) - Inspirit Energy Holdings PLC Tuesday said it has raised GBP250,000 before expenses by issuing about 11.4 million shares through a placing, funds it will use to provide it with working capital as it moves closer to bringing its new boiler to the market. The AIM-liste

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24 Feb 2014 11:00

Inspirit Energy Signs Agreement With Caring Homes To Install Boiler-Generators

LONDON (Alliance News) - Shares in Inspirit Energy Holdings PLC were trading higher Monday morning after it said it has signed a strategic agreement with UK residential care provider the Caring Homes Group, to install its energy efficient boiler-generators when it becomes available for key custom

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