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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.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.
- Battery tech milestones, revenue up 200%, and commercialisation accelerates.IKA
H2 202420 Feb 2026 - Stereax sales and Goliath 10Ah prototype shipments highlight progress amid strong cash position.IKA
H1 202622 Jan 2026 - Stereax and Goliath batteries progress toward commercialization, with first Stereax revenues due in 2025.IKA
H1 202510 Jan 2026 - Up to £3.8m raised to accelerate Stereax and Goliath battery commercialization and licensing.IKA
Investor Update26 Nov 2025 - Revenue declined as grants ended, but Stereax and Goliath progress and cash reserves remain strong.IKA
H2 202516 Nov 2025 - Asset-light solid-state battery strategy targets medical and automotive markets with validated technology.IKA
CMD 2025 Presentation17 Jul 2025 - Stereax and Goliath battery projects progress, with 2025 production and key milestones achieved.IKA
Trading Update13 Jun 2025
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