IXICO Plc expects to report first full year EBITDA since listing

  • Oct 15, 2019 BST
  • Team Kalkine
  • IXICO Plc (IXI) has released its trading update for the year ended 30 September 2019.
  • The company is expecting its first full year of positive EBITDA since listing.
  • Revenue increased year-on-year by 40 per cent to £7.6 million as compared to £5.4 million of 2018.
  • The company’s net cash as at 30 September 2019 stood at £7.3 million as compared to £7.9 million for 2018.
  • On 15th October 2019, at the time of writing, GMT 08:40 AM, IXI shares were trading at GBX 56.50, up by 1.50 points or 2.73% against the previous day closing price.

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