RE: I can see8 Nov 2019 07:47
Looks like major news is very close....fingers in many many pies :)
We continue to see a very strong pipeline of opportunities and numerous new large sales opportunities for prismatic supercapacitors going forward, despite prismatic product sales revenue being down 21% on the previous financial year. The Board believes this decline is due to global economic uncertainty, which has resulted in numerous new projects, where the Company had secured design wins, being pushed back into FY 2020. The Board is confident that the Company will see a rebound in these sales going forward. Sales of cylindrical supercapacitors grew 34% year-on-year, off a small base and are expected to continue growing with sales for the first quarter of FY 2020 having already exceeded the whole of the FY 2019 financial year. The new 3 Volt prismatic supercapacitor product is attracting significant interest especially for products using 3V coin cell batteries and new Internet of Things (IoT) products and is expected to be a significant source of revenue going forward.