RE: Dr Cooley18 Jun 2024 20:19
Trading update
CAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, provides the following update.
Following the successful completion of the recent fundraise, the Board is pleased to announce that current trading on existing products remains strong, in line with management forecasts, and trial shipments of pre-samples of new product have recently commenced. Bookings and billings are 14% and 56% ahead respectively for the year to date compared to the comparative period in 2023, along with a current book to bill ratio of 1.12. The order backlog remains strong at close to US$1 million