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CAP-XX LIMITED

(CPX)
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Delayed London Stock Exchange  -  05/24 07:37:07 am EDT
4.088 GBX   +0.94%
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CAP XX : Notification of date of interim results and update

03/04/2020 | 02:19am EDT

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

4 March 2020

CAP-XX Limited

('CAP-XX' the 'Company')

Notification of date of interim results and update

CAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, will be announcing its interim results for the half-year to December 31 2019 on Monday 16thMarch 2020.

Total sales revenue for the half year was A$1.93m and net cash as at the end of February 2020 stood at A$6.4m. The results are expected to be in line with the board's expectations, while good progress continues to be made on licensing and litigation related activities.

The Company has also made excellent progress with the project to transfer the former Murata manufacturing assets. The first shipment occurred on schedule in March and the initial consideration has been paid to Murata. The final shipments are expected to leave Murata in April. The lease on CAP-XX's new Sydney manufacturing facility, where the assets will be installed, has been signed and recruitment of personnel has been largely completed. Overall, the project remains on schedule and within budget.

For further information contact:

CAP-XX Limited

Anthony Kongats (Chief Executive Officer) +61 (0) 2 9428 0139

Kreab (Financial PR)

Robert Speed +44 (0) 20 7074 1800

Allenby Capital (Nominated Adviser and Broker)

David Hart / Alex Brearley +44(0) 20 3328 5656

More information is available at www.cap-xx.com

Notes to Editors:

CAP-XX (LSE: CPX) is a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics, and deliver similar benefits in automotive and other transportation applications. For more information about CAP-XX, visit www.cap-xx.com

Disclaimer

CAP-XX Limited published this content on 04 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2020 07:18:04 UTC


© Publicnow 2020
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Financials
Sales 2022 3,21 M 4,03 M 4,03 M
Net income 2022 -1,60 M -2,01 M -2,01 M
Net cash 2022 1,87 M 2,36 M 2,36 M
P/E ratio 2022 -11,8x
Yield 2022 -
Capitalization 20,6 M 25,9 M 25,9 M
EV / Sales 2022 5,85x
EV / Sales 2023 2,94x
Nbr of Employees -
Free-Float 91,9%
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Number of Analysts 1
Last Close Price 4,05 GBX
Average target price 13,00 GBX
Spread / Average Target 221%
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Managers and Directors
Anthony Paul Alexander Kongats Chief Executive Officer, MD & Executive Director
Michael Taylor Chief Financial Officer & Co-Secretary
Patrick James Dymock Elliott Non-Executive Chairman
Alex Bilyk Vice President-Research
Dallas Garratt General Manager-Operations
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