Ilika PLC reported consolidated unaudited earnings results for the six months ended October 31, 2012. For the period, the company reported revenue of £391,801 against £745,124 a year ago. Operating loss was £1,906,313 against £1,396,714 a year ago. Loss before tax was £1,868,050 against £1,388,092 a year ago. Loss for period on continuing activities was £1,759,166 against £1,335,137 a year ago. Loss per share was £0.04 against £0.04 a year ago. Net cash flow from operating activities was £1,773,577 against £1,468,688 a year ago. Purchase of property, plant and equipment was £143,099 against £100,367 a year ago.

Based on this seasonality and the current strength of its business development pipeline, the company is looking forward to renewed turnover growth in the second half of the current financial period with revenue from continuing operations for the full year to April 30, 2013 expected to be approximately 10% below that achieved in the prior financial year.