UK-based Haydale reported its preliminary financial and business results for FY2018 (which ended on June 2018). Total revenues in 2018 reached £4.23 million (up from £3.91 in 2017), which included £3.4 million in commercial revenues and £0.83 million in grant income.
The net loss before tax in 2018 was £6.12 million (up from a £5.64 million loss in 2017). At the end of the year, Haydale had £5.09 million in cash and equivalent. Haydale says it enters FY2019 with cautious optimism. Two encouraging sings are a recently signed five-year SiC contact extension, and steadily increasing graphene ink sales to several print houses for the bio-medical sensor market.