As a new investor I am at a loss to know why this little gem never goes anywhere

Is is a medical company with no debt, a profit!, minimal market capital and some interesting products.

We're in the shares4 schools contest and we'd like this babe to fly!

After a nightmare 12 months is the good news starting to flow. At £6m market capital, a new board and established custmers will the sun soon shine?

I'd forgotten all about these.

Final results for year ended 31 December 2015

Surgical Innovations Group plc (AIM: SUN), the designer and manufacturer of innovative medical technology for minimally invasive surgery, reports significantly improved financial results for the year ended 31 December 2015. Revenues and margins continue to show encouraging progress, whilst significant reductions in net operating costs, working capital and net indebtedness have been achieved.

Highlights:
· Revenues up 36% to £5.47m (2014: £4.03m)
· Gross margin improvement in second half of the year (2015: 14.0%, H1: 8.4%, H2: 19.2%)
· Adjusted EBITDA of £0.24m (2014: Adjusted EBITDA loss of £0.05m)
· Inventory reduction programme well advanced (2015: £1.92m, 2014: £4.30m)
· Net cash generated from operations of £1.57m (2014: £0.69m net cash consumed)
· Net indebtedness reduced to £2.26m (2014: £3.33m)
· New Board of directors and key management team in place
· New sales channels and products coming on stream in 2016

Executive Chairman, Nigel Rogers, said:
"In a year of transition for the Company, there have been many positive changes. Relationships with our distribution partners have been strengthened and revenues have returned to growth on solid foundations. Manufacturing and operating costs have been reduced, and working capital has been brought into line with the current needs of what is now a cash generative business.

"With these changes delivered and a solid platform secured for future growth, we now have a Board and management structure intended to drive the future direction and development of the business.

"There has been further improvement in performance in the current financial year to date. Although there remain some challenges in building on the improvements delivered in 2015, we look forward with renewed confidence."

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Revised Banking Facilities

Surgical Innovations Group plc (AIM: SUN), the designer and manufacturer of innovative technology for minimally invasive surgery, announces the revision of banking facilities made available by Yorkshire Bank ("the bank"). The existing term loan of approximately £1.70m has been repaid from available cash resources, and the bank has made available a Revolving Credit Facility of up to £1.30m for working capital and other purposes until 31 March 2020.

Nigel Rogers, Executive Chairman of SI Group, said: "Following the announcement yesterday concerning the conversion of Loan Notes, these changes to the financing structure are a major indicator of the successful transformation that the business has undergone over the last twelve months. The Company is now debt free, and can focus full attention on developing top line growth from additional products and sales channels, and the ongoing identification of suitable acquisition targets."