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Versarien to sell Korean Assets and Licencing of IP

Versarien Plc (LON:VRS) has sold its Korean plant to MCK Tech, along with an exclusive licence agreement for patents, as part of its turnaround strategy. ....

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Versarien graphene revenues up 170% to £1.89 million - DirectorsTalk Interviews

Versarien graphene revenues up 170% to £1.89 million ....

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Versarien manufacturing scale up advancing with progress on commercialisation of applications

Versarien manufacturing scale up advancing with progress on commercialisation of applications ....

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Investegate |Versarien PLC Announcements | Versarien PLC: Interim Results


 
 
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.
 
 
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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
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Graphene and graphene product sales of £0.35 million (H1 2019: £0.07 million)
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Adjusted LBITDA of £1.13 million (H1 2019: £0.57 million )
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Reported loss before tax of £4.34 million (H1 2019: £2.14 million)
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Cash of £2.50 million at 30 September 2020 (31 March 2020: £1.66 million)
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Cash received in the period from Lanstead Sharing Agreement of £0.93 million and from Innovate UK of £1.96 m ....

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