LightwaveRF plc announced audited consolidated earnings results for the year Ended 30 September 2018. For the year, revenue was £2,813,997 compared to £3,032,268 a year ago. Operating loss was £2,499,243 compared to £796,233 a year ago. Loss for the year attributable to equity shareholders of the parent was £2,544,650 compared to £845,312 a year ago. Loss per basic and diluted share was 3.80 pence compared to 2.39 pence a year ago.

Revenue run rate for first two months of the 2019 financial year, up a further 25% on strong last quarter of 2018 financial year.