News and Announcements
Universal Biosensors H1 2016 Results, Presentation and Audio Presentation
- Published July 22, 2016 10:23AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
21st July 2016, ASX Announcement
Highlights:
- Total revenue of $10.5 million in 1H16, up 41% on1H15
- Revenue from Quarterly Service Fees – generated by sales of glucose test strips – $10.3 million, up 58% on 1H15
- Net loss of $1.2 million, improvement from 1H15 net loss of $4.1 million and trending towards breakeven
- R&D expenditure $7.9, down 20% on 1H15 due to refocus of product development pipeline and containing costs
- Cash balance of $13.2 million, up from $10.7 million
Universal Biosensors (ASX:UBI) today released its financial results for the first half of 2016.
To view the full announcement, please click on the button below.
To view the Presentation, please click on the button below.
To view the Audio Presentation, please click on the button below.
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