This has been a year of steady progress for Nanoco. We delivered all existing customer milestones and added new strategic customers. We substantially reduced our cost base, starting with the Board, and the broader team has been re-shaped while retaining our core competencies. In parallel, we have successfully progressed our litigation against Samsung.
We have significantly expanded our range of nanomaterials for sensing applications and their addressable wavelengths for a variety of potential sensing applications. We have moved steadily from a “single customer, single product” position in sensing to one in which we have multiple customers and eight distinct materials. This expanded range of market leading materials will support more stable revenue growth over the medium term. While sensing applications are our current primary focus, we also continue to work with partners in display, horticulture and life sciences.
The litigation against Samsung has significant potential to transform shareholder value. We therefore retain contingency plans to protect our “IP shell” and the potential value in the litigation if we cannot create a self-financing organic business in the medium term. We retain our core competencies and capabilities in R&D, scale up and production and have a small and focused team dedicated to bringing our nanomaterials to market.
The opportunities to create significant shareholder value in our organic activities and the Samsung litigation in the short to medium term, are clear and compelling. The Board therefore remains confident in the strength of the investment proposition and value inherent in the business.
Dr Christopher Richards, Nanoco’s Chairman
Operational highlights
Achieved all development, scale up and production readiness milestones
Two sensing materials in final validation with customer
Deeper and longer development contracts under discussion with two long-standing customers
Increasing customer engagements for CFQD materials including micro-LED displays
Financial highlights
Revenue and other operating income
Adjusted LBITDA reduced to
Cash at year end
Underpinned by litigation proceeds
Gross monthly cash costs circa
Intention to return
Results archive
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Interim Results 2024 | View Press Release - Interim Results 2024 | View Presentation - Interim Results 2024 | Watch Webcast - Interim Results 2024 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Accounts 2021 | View Press Release - Annual Report and Accounts 2021 | View Presentation - Annual Report and Accounts 2021 | View Report - Annual Report and Accounts 2021 | Watch Webcast - Annual Report and Accounts 2021 |
Interim Results 2021 | View Press Release - Interim Results 2021 | View Presentation - Interim Results 2021 | Watch Webcast - Interim Results 2021 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Accounts 2020 | View Press Release - Annual Report and Accounts 2020 | View Presentation - Annual Report and Accounts 2020 | View Report - Annual Report and Accounts 2020 | Watch Webcast - Annual Report and Accounts 2020 |
Interim Results 2020 | View Press Release - Interim Results 2020 | View Presentation - Interim Results 2020 | Watch Webcast - Interim Results 2020 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Accounts 2019 | View Press Release - Annual Report and Accounts 2019 | View Presentation - Annual Report and Accounts 2019 | View Report - Annual Report and Accounts 2019 | Watch Webcast - Annual Report and Accounts 2019 |
Interim Results 2019 | View Press Release - Interim Results 2019 | View Presentation - Interim Results 2019 | Watch Webcast - Interim Results 2019 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Accounts 2018 | View Press Release - Annual Report and Accounts 2018 | View Presentation - Annual Report and Accounts 2018 | View Report - Annual Report and Accounts 2018 | Watch Webcast - Annual Report and Accounts 2018 |
Interim Results 2018 | View Presentation - Interim Results 2018 | View Report - Interim Results 2018 | Watch Webcast - Interim Results 2018 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Accounts 2017 | View Presentation - Annual Report and Accounts 2017 | View Report - Annual Report and Accounts 2017 | ||
Edison Initiation Note | View Report - Edison Initiation Note | |||
Interim Results 2017 | View Presentation - Interim Results 2017 | View Report - Interim Results 2017 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Account 2016 | View Press Release - Annual Report and Account 2016 | View Presentation - Annual Report and Account 2016 | View Report - Annual Report and Account 2016 | |
Interim Results 2016 | View Presentation - Interim Results 2016 | View Report - Interim Results 2016 |
| TITLE | PRESS RELEASE | PRESENTATION | REPORT | WEBCAST |
|---|---|---|---|---|
Annual Report and Accounts 2015 | View Report - Annual Report and Accounts 2015 | |||
Interim Results 2015 | View Presentation - Interim Results 2015 | View Report - Interim Results 2015 |
