'The loss for the 12 months to 30 June 2018 has increased to $7,115,679 from the prior period loss of $2,567,107. This was primarily due to an increase in procurement and staff costs as the Hadrian X programme drew closer to demonstration stage. The Company maintains an excellent financial position at the end of the period of $21,956,657 in cash and $8,164,930 in receivables'
Ann: Full Year Statutory Accounts, page-2
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