RE: interims6 Mar 2019 12:19
What's changed in 3 years?
Interim results for the half-year ended 31 December 2015.
Financial Highlights
· Total Revenue of A$1.6m down 27% on the corresponding half year due to the deferment in orders, as announced by CAP-XX on 12 October 2015, and the increased lead time for new projects to scale up to full volume.
· Murata royalty contribution has more than tripled from the corresponding half year in 2015.
· CAP-XX remains excited by the number of large scale sales opportunities that it is working on.
· Gross Margin at A$629,000 was steady with 1H14 Gross Margin of A$657,000, due to realised manufacturing cost savings.
· Net Loss increased to A$1.3m