- Solid-state battery technology provider Ilika said it expected to cut first-half losses thanks to a 50% rise in revenue.

For the six months ended 31 October, the company said it expected to reduce Ebtida losses to £1m, back from £1.3m on-year, amid a rise in revenue to £1.5m.

Cash and cash equivalents at the end of the first half were £1.9m, down from £5.8m.

Ilika said it would release its half-year results on 23 January.

At 9:00am: [LON:IKA] Ilika share price was -0.5p at 28.5p

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