A positive revenue story from digital transformation companies and innovative green technology companies are showing positive demand signs on the technology derived transformational front. Even during the unprecedented time, these companies saw robust demand for artificial intelligence and ESG-based products/services. A few tech companies issued trading updates for FY21 on 16 April. Let us glance through the performance of companies during the pandemic.
Green tech company Accsys Technologies Plc (LON: AXS) posted a trading update for 12 months ended 31 March 2021 based on unaudited statements. The NET DEBT SAW A REDUCTION OF €3.8 MILLION compared to the September 2020 level, indicating strong operating cash-flows, efficient cost management and a healthy balance sheet even though it increased investment in its new manufacturing facilities.