AGM reports its latest half-year financial results

Applied Graphene Materials (AGM) announced its interim results for the six months that ended on January 2022. Revenues were £46,000 (up from £42,000 in the previous half year period), while net loss was £1.9 million (up from £1.8 million).

Despite the low revenues and large loss, AGM's management says that there's a steady growth in potential pipeline projects - as these increased to 192 from 135 last year. The company also updates that it has been progressing with its developments for the battery and hydrogen fuel and storage industries.

Posted: Apr 16,2022 by Ron Mertens