Calisen posts 2020 revenue increase as smart meter installations rise Tue, 2nd Mar 2021 11:26 (Alliance News) - Calisen PLC on Tuesday said it ended the year in a "stronger position" than it had been in at the start despite challenges caused by Covid-19. The Manchester-based smart energy provider reported 2020 revenue of GBP248.1 million, up 19% from GBP208.8 million in 2019. This was due to its base of revenue-generating smart meters increasing by 15%, despite the suspension of installations during the first lockdown, to reach 6.0 million meters at the end of the year. Calisen's 2020 pretax loss narrowed to GBP17.2 million from a GBP80.1 million loss in 2019, as non-essential smart meter installations were suspended between March and June. However, this was partially offset by a lower than expected number of traditional meter removals that continued to produce revenue and cash flow, it said.