CyanConnode Holdings PLC 2025 AR2
The report highlights CyanConnode's performance for the fiscal year ended March 31, 2025, during which the company expanded its contracted outstanding order book from £50 million to £180 million. Despite a 24% decrease in revenue to £14.2 million due to temporary deployment delays in India, the company improved its gross margin to 35% through the launch of new lower-cost gateway products. Key achievements include the empanelment of its subsidiary DigiSmart as an Advanced Metering Infrastructure Service Provider (AMISP) and securing a landmark contract for approximately 750,000 smart meters in Goa. On the environmental front, the company's smart metering solutions in India have the potential to avoid over 1,000 tonnes of CO2 emissions annually by reducing manual meter readings.
Company: CyanConnode Holdings PLC
Sector: Technology & telecommunications
Country: United Kingdom
Year: 2025
Type: AR2
Pages: 103
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CyanConnode Holdings PLC
Annual Report And Accounts
The report highlights CyanConnode's performance for the fiscal year ended March 31, 2025, during which the company expanded its contracted outstanding order book from £50 million to £180 million. Despite a 24% decrease in revenue to £14.2 million due to temporary deployment delays in India, the company improved its gross margin to 35% through the launch of new lower-cost gateway products. Key achievements include the empanelment of its subsidiary DigiSmart as an Advanced Metering Infrastructure Service Provider (AMISP) and securing a landmark contract for approximately 750,000 smart meters in Goa. On the environmental front, the company's smart metering solutions in India have the potential to avoid over 1,000 tonnes of CO2 emissions annually by reducing manual meter readings.
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Document Details
Report Year
2025
Reporting Period
Apr 1, 2024 - Mar 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees