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The LMS101 Project
Mechanical keyboards are bulky and expensive when implemented in synthesizer designs. With the advent of capacitive touch technologies, MC
Versarien Plc (AIM: VRS), the advanced engineering materials group, is pleased to announce its interim results for the six months ended 30 September 2020, a period in which the Company continued to progress its graphene commercialisation strategy. · Group revenues reduced to £3.12 million (H1 2019: £4.38 million), reflecting the impact of COVID-19 on the Group s more mature businesses · Graphene and graphene product sales of £0.35 million (H1 2019: £0.07 million) · Adjusted LBITDA of £1.13 million (H1 2019: £0.57 million ) · Reported loss before tax of £4.34 million (H1 2019: £2.14 million) · Cash of £2.50 million at 30 September 2020 (31 March 2020: £1.66 million) · Cash received in the period from Lanstead Sharing Agreement of £0.93 million and from Innovate UK of £1.96 million