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1 © Copyright Tungsten Corporation plc 2017 Fighting friction in the global supply chainTungsten Corporation plc RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2017 (H1 -FY18) 14 DECEMBER 2017
© Copyright Tungsten Corporation plc 2017
Fighting friction in the global supply chainTungsten Corporation plc
RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2017 (H1 -FY18)
© Copyright Tungsten Corporation plc 20172TO THE H1 -FY18
EARNINGS CALLRichard Hurwitz
Chief Executive OfficerWelcome
Chief Financial Officerhosted by3
© Copyright Tungsten Corporation plc 20173Important
This document contains forward -looking statements that may or may not prove accurate. For example, statements regarding expecte d revenue growth and trading
margins, market trends and our product pipeline are forward -looking statements. Phrases such as "aim", "plan", "intend", "antic ipate", "well -placed", "believe",
"estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward -looking statements .Forward -looking statements involve
known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from wha t is expressed or implied by the
statements. Any forward -looking statement is based on information available to Tungsten as of the date of this statement. All written or oral forward -looking
statements attributable to Tungsten are qualified by this caution. Tungsten does not undertake any obligation to update or revi se any forward -looking statement to
reflect any change in circumstances or in Tungsten’s expectations.
This document is confidential. Unauthorised use, copying or disclosure is not allowed.
This presentation does not constitute an invitation to underwrite, subscribe for or otherwise acquire or dispose of any secur ities in Tungsten Corporation plc or in any
company within the Tungsten group in any jurisdiction.4
© Copyright Tungsten Corporation plc 20174Richard Hurwitz
Chief Executive OfficerBusiness and
© Copyright Tungsten Corporation plc 2017
“Revenue growth of 10% in the
period was achieved with no
increase in our adjusted operating
expenses and we have now
achieved total revenue growth of
32% over the past three half -year
reporting periods, a CAGR of 20%.”Revenue growth of 10% to
EBITDA loss reduced by £1.3 million to
Net cash and invoice receivables of
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