Hardman & Co Research Hardman & Co Announcement: CyanConnode presenting at the October Investor Forum 'Shareholder value in ESG investing' on 4 October 2022 22-Sep-2022 / 14:03 GMT/BST CyanConnode presenting at the October Investor Forum 'Shareholder value in ESG investing' on 4 October 2022 The green economy – a new growth market We are delighted to announce CyanConnode plc will be presenting alongside Blackbird plc and Gore Street Energy Storage Fund in the forthcoming October Investor...
Hardman & Co Research Hardman & Co Research: CyanConnode (CYAN) - 3Q22 update: smart meter showtime in India 01-Feb-2022 / 12:45 GMT/BST Hardman & Co Research: 3Q22 update: smart meter showtime in India CyanConnode shipped 455,000 modules and 3,100 gateways in the first nine months, compared with 481,000 for the whole of FY21. 9M22 revenue came in at £6.8m, up 100% from a year earlier. £5.9m cash was received from customers, while inventory was increased to address component shortages,...
Hardman & Co Research Hardman & Co Research: Q&A with Milan Radia on CyanConnode (CYAN): Substantial market opportunity 31-Aug-2021 / 13:50 GMT/BST Hardman & Co Video | Q&A with Milan Radia on CyanConnode (CYAN) | Substantial market opportunity CyanConnode Holdings plc (CYAN) is the topic of conversation when Milan Radia, Technology Analyst at Hardman & Co joins DirectorsTalk Interviews. Milan gives us a brief overview of the company, explains why there is so much activity around smart meters at...
Hardman & Co Research Hardman & Co Research: CyanConnode (CYAN): FY'21 results; revisiting addressable markets 17-Aug-2021 / 07:10 GMT/BST Hardman & Co Research: FY'21 results; revisiting addressable markets CyanConnode's FY'21 results were ahead of market expectations, with all financial metrics showing a sharp improvement. YoY revenue growth was 163%, while the EBITDA loss reduced sharply, by 62%. During the year, contracts were signed for in excess of 350,000 modules, while a flurry of new...
Hardman & Co Research Hardman & Co Research: CyanConnode (CYAN): Major new contracts in India and Africa 05-Aug-2021 / 14:05 GMT/BST Hardman & Co Research: Major new contracts in India and Africa CyanConnode has this week announced two major new orders, one in India, for 152,000 smart meter modules, and the other in Africa for 100,000 modules. Both are plus associated gateways, software licences and maintenance for full Advanced Metering Infrastructure (AMI). In India, the customer is a new one...
Hardman & Co Research Hardman & Co Research: CyanConnode (CYAN): Further contract award in Thailand 16-Jul-2021 / 17:00 GMT/BST Hardman & Co Research: Further contract award in Thailand CyanConnode has announced a significant additional order in Thailand, securing a follow-on order for 31,000 smart meter modules and gateways. Substantial further orders are expected in Thailand, where the end customer is the second-largest state-owned utility company. Recent news flow from CyanConnode has been...
Hardman & Co Research Hardman & Co Research: CyanConnode (CYAN): Major announcement in India with IntelliSmart 27-May-2021 / 16:30 GMT/BST Hardman & Co Research: Major announcement in India with IntelliSmart CyanConnode has announced a non-binding Memorandum of Understanding (MOU) with IntelliSmart, a partially state-owed entity that is at the centre of the smart meter rollout programme in India. Under the terms of the MOU, CyanConnode will utilise its hybrid RF/cellular technologies for...
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