IXICO climbs on sharp sales rise

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IXICO climbs on sharp sales rise
Master Investor Magazine 42 cover

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AIM-listed neuroscientific data specialist IXICO (LON:IXI) announced that revenues for the year ended 30th September rose by 32% to £5.4 million as it expanded the medical imaging services it offers to pharmaceutical clients and began earning revenues from its wearable biosensor projects. Total income for the year rose by 25%.

Management also said that the firm had signed several new multi-year contracts that would earn a combined £15 million, which they believe provides a foundation for future growth. Full results for the year will be published in early December.

Shares in IXICO climbed by 10.44% to 31.20p (as of 13:20 BST).

 

 

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