Manchester tech firm Nanoco increased revenues and reduced losses during the six months to January 31, 2022, it reported today.
It also revealed that it is relocating all its operations to its Runcorn production site.
The firm, a University of Manchester spin-out which develops materials used in the manufacture of monitors and TV screens, achieved sales of £1.099m, compared with £1.004m the previous year. Pre-tax losses fell from £2.676m in 2021 to £2.347m.
Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.