Ilika (LON:IKA) Announces Quarterly Earnings Results

Ilika (LON:IKA) released its earnings results on Wednesday. The company reported GBX (4.02) earnings per share for the quarter, Digital Look Earnings reports. Ilika had a negative return on equity of 42.08% and a negative net margin of 138,475.47%.

Ilika Stock Performance

Shares of LON:IKA opened at GBX 26.99 on Friday. The firm’s 50 day simple moving average is GBX 31.14 and its 200-day simple moving average is GBX 31.09. The company has a debt-to-equity ratio of 3.18, a quick ratio of 15.43 and a current ratio of 9.07. Ilika has a one year low of GBX 24 and a one year high of GBX 51. The firm has a market cap of £48.80 million, a PE ratio of -5.94 and a beta of 2.16.

About Ilika

Ilika plc (LON: IKA) is a pioneer in solid state battery technology with their innovative Stereax micro batteries designed for Industrial IoT and MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide them with customisable Stereax micro batteries that provide the specific power requirements their IoT or MedTech application requires. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.