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Ilika (IKA) investor relations material

Ilika H2 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2026 TU earnings summary21 May, 2026

Executive summary

  • Achieved first commercial revenues from Stereax electrodes through a manufacturing partnership with Cirtec Medical, marking a key milestone in commercialization.

  • Expanded Goliath battery applications, securing validation from automotive customers and entering new markets such as defense and e-bikes.

  • Maintained a robust pipeline with 27 evaluation agreements globally with OEMs and Tier 1 suppliers.

Financial highlights

  • Expected FY26 revenues of approximately £1.1m, flat year-over-year (2025: £1.1m).

  • Commercial revenue from Stereax electrode sales contributed £100k.

  • EBITDA loss (excluding share-based payments) widened to approximately £6.2m from £5.2m in FY25.

  • Cash and cash equivalents at period end were £5.3m, down from £8.0m at 30 April 2025.

Outlook and guidance

  • Full year audited results for FY26 to be announced on 29 July 2026.

  • Continued focus on commercializing Stereax and expanding Goliath applications in automotive, defense, and consumer sectors.

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