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Toumaz pares losses

Wed, 21st Sep 2011 08:45

Wireless communications firm Toumaz cut its losses in the first half of the year and said it had achieved a number of important milestones.The firm posted a loss of £3.5m in the first half of 2011, compared with a £3.7m loss the previous year.For the six months to June 2011 revenues were £0.7m, down from £1.2m in 2010.The firm said key achievements in the first half included FDA approval of its Sensium Plaster and the launched an  ultra-low power radio receiver and transmitter, Telran, which was gaining traction along with its Xenif multimedia and internet connectivity chip.Toumaz said that revenues from sales of Xenif would steadily increase during second half of 2011 and 2012 as the product matured and gained further market share.
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Toumaz expects 30% jump in first half revenue

Semiconductor group Toumaz said it was trading in line with expectations and said it forecast a 30% rise in revenue in the first half of the year. The London-listed group said the jump in revenue will be driven by its digital audio business, with the connected audio division registering growth of ap

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21 Apr 2015 16:05

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British digital radio, connected audio and wireless healthcare group Toumaz saw its losses widen in 2014 due to strong investments. Earnings before interest, taxes, depreciation, and amortization reported a loss of £9.76m, down 4% from the year before. Losses before tax also increased slightly, by 2

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