Business
Interim Results for 6 Months Ended 30 June 2025
Symphony Environmental Technologies PLC announced its interim financial results for the six-month period ended June 30, 2025. Group revenue decreased to £2.93 million from £3.44 million in H1-2024. However, the gross margin increased to 51% compared to 46% in the previous year, resulting in a gross profit of £1.50 million, slightly down from £1.57 million. The company reported an operating loss of £0.37 million, an improvement from the £0.42 million loss in H1-2024. During the period, Symphony raised £2.25 million through an equity subscription at 20p per Ordinary Share. The loss per share improved to 0.22 pence from 0.27 pence in H1-2024. Disclaimer*
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n\n\n \n \n \n \n \n\n\n\n\n \n \n\n\n \n30 September 2025\n\n\n\n\nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n(\"Symphony\", the \"Company\" or the \"Group\")\n \nInterim Results\n \nSymphony Environmental Technologies Plc (AIM: SYM), the global specialist that makes plastic products smarter, safer and sustainable, is pleased to announce its interim financial results for the six-month period ended 30 June 2025 (\"H1-2025\" or the \"Period\").\n \nFinancial highlights \n \n· Group revenue of £2.93 million (H1-2024: £3.44 million)\n· Gross margin increased to 51% (H1-2024: 46%)\n· Gross profit £1.50 million (H1-2024: £1.57 million)\n· Operating loss £0.37 million (H1-2024: £0.42 million)\n· Equity subscription raising £2.25 million at 20p per Ordinary Share\n \nNon-financial highlights\n \n· Study shows d2w significantly reduces and in effect eliminates microplastics\n· Jalisco State in Mexico legislation permits d2w type oxo-biodegradable technology\n· Brazilian, Canadian, Mexican and USA scientific endorsements of \"no microplastics\" position paper on d2w https://www.biodeg.org/subjects-of-interest/microplastics/\n· New d2p AI natural insecticide technology trials nearing completion and showing good efficacy\n· NbR (Natural Biodegradable Resin) sales commence with orders in Canada, the UAE and Saudi Arabia\n \nSince period end\n \n· Irish EPA issues apology over lack of legal authority to approve or reject d2w in the Irish Market\n· Patent application filed for agricultural film incorporating d2w, NbR and d2p technologies\n· Sales growth for d2p Fragrance\n· Initial semi-commercial sale of d2p Flame retardant ahead of final certification - expected in October\n· NbR trials underway in Canada, Peru and the UAE\n \n \nEnquiries:\n\n\n\n\nSymphony Environmental Technologies Plc\n\n\n\n\n\n\...