Nanoco Group PLC (LSE:NANO)
£ 0.1115 -0.0004 (-0.36%) Market Cap: 20.16 Mil Enterprise Value: -32.83 Mil PE Ratio: 2.42 PB Ratio: 1.92 GF Score: 46/100

Preliminary Full Year 2023 Nanoco Group PLC Earnings Call Transcript

Oct 17, 2023 / 09:00AM GMT
Release Date Price: £0.167 (+1.21%)
Operator

Good morning, and welcome to Nanoco's preliminary results. (Operator Instructions).

I'd now like to hand over to CEO, Brian Tenner. Please go ahead, sir.

Brian Thomas Tenner
Nanoco Group plc - CEO & Executive Director

Thanks, George, and good morning, everybody, and welcome to Nanoco's preliminary for financial year 2023. My name is Brian Tenner, I'm the CEO of Nanoco and with me this morning, I have Dr. Nigel Pickett, our CTO and co-founder of Nanoco, and also Liam Gray, our Chief Financial Officer.

So if we immediately flip over to Slide #4, I'll just take you through the highlights of the last financial year. Importantly, we achieved all of our development milestones for all of our customers, particularly our 2 key customers in the various work programs that we're doing for them. That's the lifeblood of the company, because it allows products to move through their development cycle towards the ultimate goal of commercial production.

As a result of the large contract with the European customer, we now have 2 sensing materials

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