Redflow has completed the transition to a new strategy and now needs to prove it
Redflow, the Australian manufacturer of flow batteries, announced its half-year results on 26 February. They were not encouraging. For the six months to 31 December 2018 (H1 2019) revenue was AU$0.5 million, down from AU$1.2m for H1 2018, while the loss increased from AU$3.8m to AU$4.9m (AU$1.8 = £1). In fact these results were not [...]