Ilika (LON:IKA) Issues Quarterly Earnings Results

Ilika (LON:IKA) announced its earnings results on Wednesday. The company reported GBX (4.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ilika had a negative net margin of 138,475.47% and a negative return on equity of 42.08%.

Ilika Trading Up 2.8%

IKA opened at GBX 26.74 on Thursday. Ilika has a 52 week low of GBX 24 and a 52 week high of GBX 51. The company has a quick ratio of 15.43, a current ratio of 9.07 and a debt-to-equity ratio of 3.18. The business has a fifty day simple moving average of GBX 31.26 and a 200-day simple moving average of GBX 31.16. The firm has a market cap of £48.35 million, a P/E ratio of -5.89 and a beta of 2.16.

About Ilika

Ilika plc (LON: IKA) is a pioneer in solid state battery technology with their innovative Stereax micro batteries designed for Industrial IoT and MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide them with customisable Stereax micro batteries that provide the specific power requirements their IoT or MedTech application requires. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.