Business
Replacement: Audited results
Replacement: Audited results.
About this update from Cap-xx Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 1197E\n CAP-XX Limited\n 03 November 2020\n \n \n \n \n \n \n The following amendment has been made to the 'Audited results for the year ended 30 June 2020' announcement released today at 07:00 a.m. under RNS Number: 0672E.\n \n \n \n \n \n In the consolidated statement of financial position as at 30 June 2020, the contributed equity figure has been amended to 108,010,106.\n \n \n \n \n \n All other details remain unchanged.\n \n \n \n \n \n The full amended announcement text is shown below.\n \n \n \n \n \n \n \n \n Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).\n \n \n \n \n \n \n \n \n 3 November 2020\n \n \n \n \n \n CAP-XX Limited\n \n \n (\"CAP-XX\" or the \"Company\")\n \n \n \n \n \n Audited results for the year ended 30 June 2020\n \n \n \n \n \n CAP-XX Limited, \n a world leader in the design and manufacture of supercapacitors and energy management systems, is pleased to \n announce its audited results for the year ended 30 June 2020.\n \n \n \n \n \n \n \n \n Key highlights\n \n \n \n \n \n \n \n \n \n · \n \n \n \n \n Revenue up 12% on the previous year\n \n \n \n \n \n \n · \n \n \n \n \n Adjusted net loss* for the year reduced to A$2.0 million (2019: adjusted net loss of A$2.8 million)\n \n \n \n \n \n \n · \n \n \n \n \n Company sales order book as at 30 June 2020 more than double the value at the same time in the previous year\n \n \n \n \n \n \n · \n \n \n \n \n Ex-Murata production lines capacity expansion project on schedule and within A$5.3 million budget\n \n \n \n \n \n \n · \n \n \n \n \n New facility in final stages of commissioning - tested supercapacitor products to be available for shipment to customers before the end of the current calendar year\n \n \n \n \n \n \n · \n \n \n \n \n Aggregate level of customer enquiries well exceeds the full capacity of these production lines, with the top 10 prospects exceeding 9 million units per annum\n \n \n \n \n \n \n · \n \n \n \n \n CAP-XX is pursuing Ioxus for the payment of awarded damages\n \n \n \n \n \n \n · \n \n \n \n \n CAP-XX continues to pursue a similar patent infringement action against Maxwell Technologies, now a wholly owned subsidiary of Tesla Inc. wit...