Ilika plc provided earnings guidance for the six months ended October 31, 2017. For the six months, the company expected to show a three-fold increase in total revenue for the period of £1.0 million compared to £0.3 million for the same period last year. Importantly, the high margin nature of the additional £0.7 million of revenue has resulted in the operating loss reducing significantly, and the company expects to announce an operating loss for the period, excluding share based payment charge, of approximately £1.4 million compared to £1.9 million a year ago.