AMTE Power has reported a loss before tax of £3.72m, rising from a £2.65m loss at the same stage last year.
The developer and manufacturer of lithium-ion and sodium-ion battery cells also updated the stock exchange that turnover for the half year ended 31 December 2022 was £550,000 - falling from £820,000 year-on-year.
Cash and cash equivalents stood at £1.21m, although this was also down from £6.26m at the same stage in 2022. A £2m convertible bond facility remains undrawn.
