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News and announcements
21 March 2007
070321 Prelim Statement FINAL.pdf
Preliminary Results for the Year Ended 31 December 2006
Celoxica Holdings plc (AIM: CXA) - March 21, 2007, a leading provider of electronic system level design technology for the accelerated computing and embedded systems markets, today announces its preliminary results for the year ended 31 December 2006.
FINANCIAL RESULTS
- Revenue £3.6m (2005: £4.3m); slowdown in ESL market
- Operating Loss £4.2m (2005 restated: £3.2m); loss per share 8p (2005 restated: 21p)
- Funding of £2.9m (net) raised in February 2007
OPERATIONAL HIGHLIGHTS
- Group refocused on the Accelerated Computing Market
- Further progress made in the Finance, Oil & Gas
and Life Sciences sectors
- Successful Proof of Concept in Oil & Gas
- Significant benchmark results in Finance and Life Sciences
- Total of 9 new AC customers
Jack Fryer, Chairman, Celoxica, commented
"Last year was without doubt a challenging year for Celoxica. However we have entered the current period confident in our revised strategy having completed the restructuring of the Group. I believe that the focus on accelerated computing will drive Celoxica's growth and we can build on the excellent partnerships that we have in this field. I would like to take this opportunity to thank both our staff and our investors for their continued support."
ABOUT CELOXICA
A leader in accelerated computing (AC) and electronic
system level design (ESL), Celoxica creates technology
that centres on the performance acceleration and design
productivity needed in the high-performance computing,
digital multimedia and electronic design markets.
Celoxica is a publicly traded company on the Alternative
Investment
Market of the London Stock Exchange under the symbol
CXA. For more information, visit: www.celoxica.com
Investor Relations section last updated 8th July 2008
