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Ilika PLC Ord 1P (IKA)

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23-Jan-2020 09:20 AM

Ilika losses widen as lower revenue, higher costs bite

Battery company Ilika reported wider losses in the first half of the year as revenue fell and costs rose. For the six months ended 31 October, pre-tax loss widened to £1.57m from £1.52m last year as revenue fell 33% to £1m. Cost of sa
04-Dec-2019 09:00 AM

Ilika sees first-half losses narrowing, led by jump in revenue

Solid-state battery technology provider Ilika said it expected to cut first-half losses thanks to a 50% rise in revenue. For the six months ended 31 October, the company said it expected to reduce Ebtida losses to £1m, back from £1.3m on-ye
17-Jan-2019 08:10 AM

Broker Forecast - Liberum Capital issues a broker note on Ilika

Liberum Capital today reaffirms its buy investment rating on Ilika (LON:IKA) and cut its price target to 41p (from 44p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Nov-2018 10:14 AM

Ilika to appoint Keith Jackson as Chairman

Ilika said Thursday Keith Jackson would take the reins as Chairman from Mike Inglis on 1 January 2019. Keith Jackson had been a Non-Executive Director of Ilika since 2014 and was also currently Chief Technology Officer at Meggitt, where he was res
09-May-2018 08:00 AM

Broker Forecast - Liberum Capital issues a broker note on Ilika

Liberum Capital today initiates coverage of Ilika (LON:IKA) with a buy investment rating and price target of 45p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Jan-2018 07:19 AM

Ilika losses narrow as turnover rises

Ilika posts a pre-tax loss of £1.7m for the six months to the end of October - down from £2.2m last time. Turnover increased to £1.0m from £328,639 and gross profits rose to £473,088 from £108,538. Chief executive Gr
21-Nov-2017 09:34 AM

Ilika expects three-fold increase in H1 revenues

Ilika expects results for the six months to the end of October to show a three-fold increase in total revenue of £1.0m (H1 2016: £0.3m). The group said that importantly, the high margin nature of the additional £0.7m of revenue had resu
14-Nov-2017 09:59 AM

Ilika partnership with China wind turbine manufacturer

Ilika has announced a partnership to deploy Stereax solid state battery powered devices for the condition monitoring of wind turbines with Titan Wind Energy, the largest manufacturer of wind turbine products in China. Ilika said the deployment would be
11-Jul-2017 07:42 AM

Ilika revenues rise

Ilika's revenues rose to £1.1m in the year to the end of April - up from £0.6m last time. Net losses of £3.5m were unchanged from a hear ago. The group had cash, cash equivalents and bank deposits of £5.4m (2016: £3.0m
26-Apr-2017 07:55 AM

Ilika launches new Stereax product

Ilika, a pioneer in materials innovation and solid-state battery technology, has launched Stereax P180 which, it said, extended the operating temperature range of the Stereax family of solid-state batteries. Ilika said this followed the launch of Ster
23-Mar-2017 07:53 AM

Ilika granted patent in US

Ilika has been granted a patent in the US for its proprietary process for making solid-state batteries which was jointly filed with Toyota Motor Company on 21 July 2011. It said this granted patent followed the successful grant of applications from the s
17-Mar-2017 12:40 PM

Broker Forecast - Numis issues a broker note on Ilika

Numis today reaffirms its buy investment rating on Ilika (LON:IKA) and cut its price target to 80p (from 110p). Story provided by StockMarketWire.com...
17-Mar-2017 07:21 AM

Ilika has record level of revenue commitments

Ilika said it expected to start 2017-18 with a record level of revenue commitments amounting to around £1.8m. The group said that since its last trading update in November, it had announced four significant commercial deals, which were resulting
09-Mar-2017 07:48 AM

Toyota funds collaboration with Ilika

Ilika has announced an initial, one-year, commercially-funded project to develop game-changing energy materials in collaboration with Toyota. The project - which was referenced in the company's trading update on 23 November as a commercially-funded
09-Jan-2017 07:17 AM

Ilika's revenue

Ilika reports total revenue of £329,000 for the six months to the end of October (H1 2015: £254,000). Operating losses rose to £2.2m from £1.0m and pre-tax losses of £2.2m were up from £1.8m. Chief executive Graeme Purdy said: "In the first half of
14-Dec-2016 09:29 AM

Ilika in IoT collaboration

Ilika, a pioneer in materials innovation and solid-state battery technology, has announced a collaborative project with McLaren Applied Technologies and Sharp Laboratories of Europe to create an autonomous energy harvesting power source, thanks to fundin
23-Nov-2016 07:31 AM

Ilika on course

Ilika - a pioneer in materials innovation and solid-state battery technology - is on course to meet analyst expectations for the 100% growth in materials development revenue relative to last year. The company says it remains focused on developing and lic
19-Sep-2016 07:29 AM

Ilika gets European patent

Ilika, a pioneer in materials innovation and solid-state battery technology, says a European patent has been granted in respect of its unique high-throughput vapour deposition synthesis platform, which is licensed exclusively to Ilika from the University
08-Jul-2016 07:14 AM

Ilika losses rise

Ilika's revenues fell to £0.6m in the year to the end of April - down from £1.1m in 2015. This included £450k of grant income recognised from Innovate UK (2015: £384k), the majority of which relates to work together with the
05-Jul-2016 07:55 AM

Ilika granted battery patent in China

Ilika has announced the grant in China of a further patent application supporting the group's proprietary Stereax technology. The application is a member of the patent families that cover Ilika's proprietary vapour deposition processes used in
27-Apr-2016 08:03 AM

Ilika launches new battery to transform IoT

Ilika has launched Stereax M250 - a new, miniaturised solid state battery technology for Internet of Things devices. Ilika says its Stereax battery family addresses the key challenge of always-on, self-charging and efficient energy and will enable small
12-Jan-2016 07:44 AM

Ilika losses widen

Ilika posts a pre-tax loss of GBP1.9m for the six months to the end of October - up from GBP1.6m last time. Total revenue for the period fell to GBP0.3m (1H 2014: GBP0.6m) and the loss per share rose to 3p (1H 2014: 2p per share). As previously announce
04-Dec-2015 07:38 AM

Ilika sees continued progress

Ilika says its flagship solid-state battery development programme has continued to make progress in accordance with the product roadmap. Ilika is currently focused on manufacturing micro-battery prototypes designed to power wireless sensors for applicati
13-Aug-2015 07:42 AM

Ilika opposition to BSA patent upheld by EPO

The European Patent Office has upheld Ilika's opposition to a fuel cell catalyst patent from Brookhaven Science Associates. Ilika says certain claims of a granted European patent from Brookhaven Science Associates (BSA) might have impacted upon Ili
10-Jul-2015 07:55 AM

Ilika scales up as losses reduce

Ilika (AIM: IKA), the accelerated materials innovation company, has announced that for the year ended 30 April 2015 revenues were up 4% to £1.09m (2014: £1.05m). The loss for the year was reduced to £2.7m (2014: £2.8m). During the year it was grante
 
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