OptiBiotix has issued a trading update ahead of the group's half year results for the six months ended 30 June 2022. Results will be affected by the new accounting treatment of recently spun-out ProBiotix Health (PBX), as well as the timing of several larger customer orders. As such, OptiBiotix expects total revenues of c£120k for the period, resulting in revenues being materially behind market expectations. OptiBiotix expects to return to growth by 2023; however, given the ongoing uncertainty a ....
24 Aug 2022
Cenkos: OptiBiotix Health Plc - Trading update
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Cenkos: OptiBiotix Health Plc - Trading update
OptiBiotix Health PLC (OPTI:LON) | 18.0 0 0.0% | Mkt Cap: 17.6m
- Published:
24 Aug 2022 -
Author:
Cavendish Research -
Pages:
6
OptiBiotix has issued a trading update ahead of the group's half year results for the six months ended 30 June 2022. Results will be affected by the new accounting treatment of recently spun-out ProBiotix Health (PBX), as well as the timing of several larger customer orders. As such, OptiBiotix expects total revenues of c£120k for the period, resulting in revenues being materially behind market expectations. OptiBiotix expects to return to growth by 2023; however, given the ongoing uncertainty a ....