Moving parts | Trading ahead | Mounting losses
Results and updates covered here include two businesses which continue to struggle make a return for shareholders, while another elderly AIM company is set to deliver a record set of results. There is also an encouraging update from one of our Bonkers Bargain selections and a new AIM Innovator to enjoy. (Free to read)
IQE: plenty of moving parts IQE (AIM: IQE), the AIM quoted supplier of semiconductor wafer products, has always split opinion and the latest results also offer investors plenty to consider. IQE’s core business is the design and manufacture of compound semiconductor wafers or “epiwafers” using a process called epitaxy. IQE’s epiwafers are used in advanced electronic and photonic components which enable a broad portfolio of today’s technology products. It’s certainly a tough sector for an outsider to understand. For the year ended 31 December 2021 revenue fell 13% to £154m (or -7% if one ignores the currency impact) with the…