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.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK