Micro-X (ASX:MX1) secures $1.95 million R&D tax incentive

08Jan

Micro-X (ASX:MX1) secures $1.95 million R&D tax incentive

 

X-ray tech company, Micro-X (ASX:MX1) has secured a research and development tax incentive for the financial year ended 30 June 2020.

The R&D incentive totals $1.95 million after tax.

The cash rebate related to expenditure on eligible Australian R&D activities conducted during the 2020 financial year.

The amount is consistent with the company’s previous guidance.

Shares in Micro-X (ASX:MX1) are steady at 38 cents.
 
Copyright 2021 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

18Feb

Cochlear (ASX:COH) net profit increase of 23%

18 Feb 2020 - Hearing implant manufacturer Cochlear's (ASX:COH) reported net profit increased by 23 per cent to $157.7 million and includes $25.0 million in non-cash after-tax gains from the revaluation of innovation fund investments.

Read More
19Nov

Technology One (ASX:TNE) posts 50% increase in profit

19 Nov 2019 - Software company, TechnologyOne (ASX:TNE) has posted a 50 per cent increase in profit to $76.4 million for the financial year ending 30 September 2019.

Read More
07Nov

MGM Wireless (ASX:MWR) to sell SPACETALK in The Good Guys stores

07 Nov 2019 - Technology company MGM Wireless (ASX:MWR) is thrilled that their SPACETALK children’s all-in-one smartphone SPACETALK will be sold in The Good Guys stores.

Read More
30Mar

AGL (ASX:AGL) to split into two businesses

30 Mar 2021 - AGL (ASX:AGL) plans to separate the company to create two energy businesses focused on executing distinct strategies.

Read More
24Feb

WPP AUNZ (ASX:WPP) reports $227.6m loss for the year

24 Feb 2020 - Creative transformation company WPP AUNZ (ASX:WPP) today announced its financial results for the year ending 31 December 2019 showing net loss for the year 1,231.2 per cent to $227.6 million.

Read More
18Sep

Stocks of the Hour: Sunstone Metals, Wildcat Resources, Bubalus Resources

18 Sep 2023 - A snapshot of the stocks on the move, featuring Sunstone Metals (ASX:STM), Wildcat Resources (ASX:WC8) and Bubalus Resources (ASX:BUS).

Read More
02Jul

nib holdings (ASX:NHF) report their capital position is ahead of requirements

02 Jul 2020 - nib holdings (ASX:NHF) has confirmed its forecast capital position remains well ahead of regulatory requirements and internal targets.

Read More
30Jan

Sandfire Resources (ASX:SFR) maintains full year guidance

30 Jan 2020 - Sandfire Resources (ASX:SFR) has maintained its full-year production guidance for the 2020 financial year, following a strong December quarter.

Read More
16Sep

Stocks of the Hour: Immutep, Lepidico, Mithril Silver and Gold

16 Sep 2024 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Lepidico (ASX:LPD) and Mithril Silver and Gold (ASX:MTH).

Read More
20Jan

Nib (ASX: NHF) downgrades profit guidance

20 Jan 2020 - Nib Holdings (ASX:NHF) has downgraded its profit guidance for the 2020 financial year.

Read More