CAP-XX Limited (CPX)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 0.100p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.83
  • 52 Week Low: 0.063
  • Currency: UK Pounds
  • Shares Issued: 824.04m
  • Volume: 0
  • Market Cap: £0.82m
  • RiskGrade: 500

CAP-XX losses widen despite improved revenues

By Iain Gilbert

Date: Tuesday 19 May 2020

LONDON (ShareCast) - (Sharecast News) - Supercapacitors manufacturer CAP-XX expects full-year 2020 losses to widen despite its anticipated growth in revenues.
CAP-XX said on Tuesday that revenues were expected to grow 15% over the year ending 30 June to around AUD $3.7m as its order book expanded to "greater than twice the level" reached at the same point a year earlier.

That was despite the hit to sales in the second half from a slowdown in shipments caused by the Covid-19 outbreak.

"This increase has been driven by the medical, security and telecommunication market segments," CAP-XX said.

However, the AIM-listed group cautioned that it was on track to post an underlying loss of AUD $2m - wider than the AUD $1.6mln posted in 2019.

CAP-XX said it was confident it had "sufficient cash" to complete the integration of the recently acquired Murata business, which it believes will result in "a significant uplift in revenues" and ultimately positive cash flow from operations in due course.

As of 0940 BST, CAP-XX shares had slumped 6.87% to 3.12p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CAP-XX Limited Market Data

Currency UK Pounds
Share Price 0.100p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.83
52 Week Low 0.063
Volume 0
Shares Issued 824.04m
Market Cap £0.82m
RiskGrade 500

CAP-XX Limited Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.62% above the market average47.62% above the market average47.62% above the market average47.62% above the market average47.62% above the market average
70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average
Value
47.62% above the market average47.62% above the market average47.62% above the market average47.62% above the market average47.62% above the market average
70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average70.59% above the sector average
Income Not Available
Growth
50.39% below the market average50.39% below the market average50.39% below the market average50.39% below the market average50.39% below the market average
35.29% below the sector average35.29% below the sector average35.29% below the sector average35.29% below the sector average35.29% below the sector average

CAP-XX Limited Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

CAP-XX Limited Key Personnel

Chair Patrick Elliot
CEO Lars Stegmann

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