Ilika Plc (LON:IKA) Is the topic of discussion when Zeus Capital research director Dr Tom McColm talks with DirectorsTalk. Tom shares his thoughts on the release of a pre interims trading statement and tells us what we should be looking out for in terms of news flow over the coming months and how this should affect share price.
Dr Tom McColm has considerable expertise sourcing and assessing opportunities in the cleantech sector, having been active in the sector for 15 years. He graduated from Oxford and has a PhD in Materials Engineering from Berkeley. In 2001 joined Ceres Power, where he was key to developing the core fuel-cell technology.
Ilika plc financial results are expected to show total revenue for the period of £330k (H1 2015: £254k) and an operating loss for the period, excluding share based payment charge, of around £1.9m (H1 2015: £1.8m). As a result of the placing in October, cash and cash equivalents at the period end were £7.1m (H1 2015: £4.5m). The Company will announce half-year results for the six months ended 31 October 2016 on 9 January 2017.