Spinnova reported H1 FY24 revenue of €362 thousand, a sharp decline from €8.82 million in H1 FY23.
The company saw a reduced operating loss of €9.91 million, down from €10.99 million in the previous year.
Investments fell to €3.35 million.
The company’s net loss improved to €9.15 million, with EPS at minus €0.18, compared to minus €0.20 in H1 FY23.