Applied Graphene Materials announces full year results

Applied Graphene Materials (AGM), producer of specialty graphene materials and dispersions, has announced its full year results for the year ended 31 July 2020.

AGM's launches new graphene-enhanced detailing spray for cars image

AGM reported "excellent commercial progress" made this year, with a number of major customer projects advancing throughout the year towards completion and product launch. The impact of coronavirus has reportedly caused some delays to customer projects however, AGM's development pipeline is said to continue to grow.

As for financial results, AGM reported revenues of £0.08 million (up from 2019's: £0.05 million), and cash at bank: £3.68 million (2019: £6.13 million).

Posted: Oct 17,2020 by Roni Peleg