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Tissue Regenix losses deepen on impairment charge; lower sales | 28 April 2021

28 April 2021 | 09:29am StockMarketWire.com - Regenerative medical devices company Tissue Regenix posted a deeper annual loss as sales slipped and it wrote down the value of its CellRight Technologies business, acquired in 2017. Pre-tax losses for the year through December amounted to £10.2 million, compared to year-on-year losses of £7.7 million, and included a £6.1 million impairment charge on CellRight. Revenue fell 1.6% to £12.8 million, while gross profit fell 2% to £5.9 million. 2020 was a challenging year, but under the circumstances, a successful period for the group and we are pleased to have maintained consistent revenues and gross profit despite the many challenges of Covid-19, chief executive Daniel Lee said.

Tissue Regenix Group PLC confident on post-pandemic prospects

Tissue Regenix Group PLC confident on post-pandemic prospects
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Investegate |Tissue Regenix Group Announcements | Tissue Regenix Group: Notice of Results

A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;

Audioboom Group PLC booms as revenues hit a record

Audioboom Group PLC booms as revenues hit a record
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FTSE 100 in positive territory but oil price fall hits BP PLC and Royal Dutch Shell PLC

FTSE 100 in positive territory but oil price fall hits BP PLC and Royal Dutch Shell PLC
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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