RE: New products affect the sales of old products2 Aug 2024 10:06
The peel hint quote in the article was
"This development appears to be a setback, given that production for Gen 1 was only achieved in December. This implies that we are unlikely to see any meaningful revenues until Gen 2 productions begin to deliver commercial orders, and the aim of reaching cash breakeven in FY25 will likely shift to the right," Peel Hunt analysts said.