Energetix rises as revenues leap

ALTERNATIVE energy firm Energetix was one of the top performers on London’s Alternative Investment Market yesterday, after it said its turnover increased tenfold to £100,000 in the first half of the year compared to 2010.

The firm reported on an “encouraging and transformational” first six months of 2011, and said operating losses had been reduced from £1.8m to £1.2m. In the six months to end June, Energetix has transformed from a product development company to a group focused on commercialising its core products.