Genedrive Plc reports a 21.6% increase in FY19 revenue

  • Oct 03, 2019 BST
  • Team Kalkine
  • Genedrive Plc (GDR) has announced its audited Final Results for the year ended 30 June 2019.
  • Company’s revenue was up by 21.6 per cent to £2.36 million as compared to £1.94 million in 2018.
  • The operating loss reduced by 45.66 per cent to £4.01 million from the loss of £7.38 million reported in 2018.
  • On the operational front, the company fulfilled orders of £0.9 million for the US Department of Defense.
  • On 3rd October 2019, at the time of writing, GMT 08:10 AM, GDR shares were trading at GBX 16.50, flat against the previous day closing price.

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