Business
Final Results for the year ended 30 April 2014
Final Results for the year ended 30 April 2014.
About this update from Sdi Group Plc
[{"type":"text","content":"\n \nRNS Number : 7029O Scientific Digital Imaging Plc 11 August 2014 \n\nSCIENTIFIC DIGITAL IMAGING PLC\nFinal Results for the year ended 30 April 2014\n \nCambridge, UK: Scientific Digital Imaging (AIM: SDI, \"SDI\" or the \"Company\"), the AIM quoted group that builds and sells scientific instruments based on digital imaging technology, predominantly for applications in the life sciences, announces today its final audited results for the year ended 30 April 2014. \nFinancial Highlights \n \n· Revenue £7.0m (2013: £7.7m) \n· Operating profit for the year of £123k before costs of acquiring Opus Instruments, costs of reorganisation, currency losses and share based payments (2013: £300k). \n· Basic loss per share was 0.16p per share (2013: earnings 1.05p)\n· Expenditure on research and development in the current year was £687k, representing 9.8% of Group sales (2013: £600k representing 7.8% of Group sales)\n \nOperational Highlights\n \n· Successful equity fundraising of £850,000 (before expenses) to enable a loan note repayment and to reinvest in the business\n· The acquisition of Opus Instruments, which develops, manufactures and sells an infrared imaging system designed specifically for art conservators to capture high-resolution images behind the painting. The company brings profits and technology that can be used within our group of digital imaging companies\n \n \nCommenting on the results, Ken Ford, Chairman of SDI said: \"The Board expects SDI to make steady progress over the coming financial year as we continue to pursue our strategy of organic and acquisitive growth\".\n--ENDS--\n \n \nFOR FURTHER INFORMATION \n \nScientific Digital Imaging Plc 01223 727144 \nKen Ford, Chairman \nMike Creedon, Chief Executive Officer\nwww.scientificdigitalimaging.com \n \nfinnCap Ltd. &nb...