Chariman's Statement
"I am pleased to present Haydale Graphene Industries Plc's full year audited results to 30 June 2021 (FY21).
Despite the headwinds from the Covid-19 pandemic during the year, the Group continued to make positive progress in its transition from a research and development operation to one capable of delivering sustainable commercial revenues. Whilst demand for the proprietary Silicon Carbide (‘SiC’) blanks manufactured at our US facility has remained subdued, the Group saw encouraging developments in its core nanomaterial business and to meet potential demand accelerated the investment in its operational and technical capacity both during FY21 and into the current financial year.."
Strategic Report
Haydale brings together the cutting-edge technology of the patented HDPlas® process with our engineering expertise to functionalise graphene and other nanomaterials. Our technology has the potential to deliver benefits across a multitude of sectors helping to increase the technical performance of a wide range of host materials. The Group’s mission is to use our knowledge of advanced materials and dispersion to be one of the world’s foremost creators of material change, enabling our customers to improve the performance of their products. The Directors believe the Company is well placed to be in the forefront of nano advanced materials and dispersion and to become a world leader in the creation of material change through understanding the potential of those materials.
David Banks
Chair
Financial Performance
£2.9m
REVENUE
(2020: £2.95m)
£1.64m
CASH
(2020: £0.82m)
£1.98m
PROFIT BEFORE TAX
(2020: £2.06m)
