OptiBiotix recently announced a trading update for the 12-months to Dec-21 and its intention to list its ProBiotix Health division. The company expects revenues of £2.2m, in-line with our forecast, while operational investment suggests a group level EBITDA loss of c£0.9m, driven by one off recruitment and consultancy costs, versus our previous £0.3m loss forecast. Both divisions saw revenue and EBITDA (pre-central costs) growth during the year, building on the 2020 progress. Supporting future gr ....

30 Mar 2022
Cenkos: OptiBiotix Health Plc -- Trading update and listing

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Cenkos: OptiBiotix Health Plc -- Trading update and listing
OptiBiotix Health PLC (OPTI:LON) | 10.2 0 0.0% | Mkt Cap: 9.35m
- Published:
30 Mar 2022 -
Author:
Chris Donnellan -
Pages:
16 -
OptiBiotix recently announced a trading update for the 12-months to Dec-21 and its intention to list its ProBiotix Health division. The company expects revenues of £2.2m, in-line with our forecast, while operational investment suggests a group level EBITDA loss of c£0.9m, driven by one off recruitment and consultancy costs, versus our previous £0.3m loss forecast. Both divisions saw revenue and EBITDA (pre-central costs) growth during the year, building on the 2020 progress. Supporting future gr ....