Radio frequency communications networks developer CyanConnode (LON: CYAN) continues to manage its cash, while increasing revenues. The order book should ensure that further growth in revenues.
Chief executive John Cronin and finance director Heather Peacock are receiving part of their annual remuneration payment in shares.
Figures
In the six months to September 2020, revenues were £1.5m and the loss was £1.37m. This was achieved even though there was Covid-19 disruption in the period. Operating costs were reduced so that they are in line with levels of turnover. There are no d...