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OXFCF / Velocys slides into the red despite lift in sales

Sustainable fuels company Velocys PLC (AIM:VLS) slid into the red in the first half of 2023, posting a net loss before tax of £9.8 million for the period compared to a gain of £5.7 million a year before. The company said the loss included unrealised foreign exchange losses due to the pound to dollar ‘re-translation effects'. Read More

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Posted: Sep 21 2023, 05:01

Author Name: Proactive Investors

OXFCF News

By Proactive Investors
October 31, 2023

Velocys shares tank 72% as it searches for funding

Shares in the green fuel specialist Velocys PLC (AIM:VLS) dropped by almost three-quarters after it said that it wouldn't be able to meet a deadline

By Proactive Investors
September 21, 2023

Velocys slides into the red despite lift in sales

Sustainable fuels company Velocys PLC (AIM:VLS) slid into the red in the first half of 2023, posting a net loss before tax of £9.8 million for the pe

By Proactive Investors
May 19, 2023

Velocys plummets as investors spooked by fundraise, financial results

Sustainable fuels company Velocys PLC (AIM:VLS) took a dive on the AIM market this Friday after announcing the £6mln placing of shares at 2.5p each,

By Proactive Investors
March 31, 2023

Velocys shares gain velocity on sustainable fuel update

Shares in Sustainable fuel tech firm Velocys PLC (AIM:VLS) flew up 10% on Friday morning, after saying it was “immediately ready” to support the r

By Proactive Investors
December 12, 2022

Velocys shares rise as British Airways partnered aviation fuel project gets govt grant

Velocys PLC (AIM:VLS) shares were boosted significantly by news of grants together total almost £30mln. In London, Velocys shares gained 19% in Monda

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