Annual report and final results1 Jun 2017 10:28
Results seem upbeat to me. The swing back to loss is obviously enhanced because of the 2015 MCT acquisition. The big thing I took from these results is diversify diversify diversify. France & Asia are going to be a large markets for these guys. Potentially not looking promising for upcoming CfD round however. Now the funding's out of the way, it's going to be at least 12-13 month until they look to shareholders and increasing revenues should push this time frame further. All in on this for a medium - long term hold. They're doing all the right things and every year they continue to exist, costs lower and the technology becomes more feasible on a global scale.