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IXICO: Covid-19 impact modest

A trading update from IXICO (LON: IXI), the data analytics company delivering insights in neuroscience, commented on only a modest impact from Covid-19 on its financial performance for the year ending September 2020. Management remains confident of achieving at least £9.1m revenues and £0.9m of EBITDA with positive operating cash.

This would represent a fourth consecutive year of revenue growth of 20% or more and an increase in EBITDA margin from 6% to 10%…

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