Added to YB: 2025-08-07
Pitch date: 2025-08-05
IKA.L [bullish]
Ilika plc
+1.23%
current return
Author Info
No bio for this author
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Company Info
Ilika plc engages in designing, production, and development of solid state batteries in the United Kingdom, Asia, Europe, and North America.
Market Cap
GBP 65.1M
Pitch Price
GBP 0.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.91
P/E
-10.17
EV/Sales
54.69
Sector
Electrical Equipment
Category
growth
Show full summary:
Ilika (IKA.L): A Capital-Light Challenger in Solid-State Batteries
IKA.L: £78m solid-state battery pure-play with £18m cash (19mo runway+grants). Developing 50Ah 'Goliath' cells with A-samples by end-2025. Licensing model (70% margins) vs QuantumScape's capital-intensive approach. 65% discount to peers at 2.3x 2027E EV/Rev. Risks: scaling challenges, competitors, low insider ownership.
Read full article (2 min)