#VELA Vela Technologies PLC – Interim Results December 22, 2023 – Posted in: Blog, Vela Technologies Plc (VELA)

Vela Technologies plc (AIM: VELA), an AIM-quoted investing company focused on early stage and pre-IPO disruptive technology investments, is pleased to announce its interim results for the six months ended 30 September 2023. Overview The last six months have continued to be challenging for capital markets with political unrest continuing both at home and abroad, the continuing war in Ukraine and rising inflation and interest rates continue to be factors impacting the small-cap marketplace in…

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#VELA Vela Technologies plc – Investee Company #ENSI EnSilica plc – Final Results October 17, 2022 – Posted in: Vela Technologies Plc (VELA)

EnSilica (AIM: ENSI), a leading mixed signal chipmaker announces full year results for the year ended 31 May 2022 (“FY 22”).   Financial highlights   ·   Revenue up 77% to £15.3 million (FY21: £8.6 million) ·   Adjusted operating profit £0.70 million (FY21 £0.17 million loss). ·   Gross margin 33% (FY21: 23.9%) ·   Adjusted EBITDA up significantly to £1.05 million (FY21: £0.06 million) ·   Cash and cash equivalents at 31 May 2022 of £5.7 million (31 May 2021: £1.4 million) ·   Net…

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