We believe Eden Research's product portfolio of launched and pipeline opportunities provides a strong foundation for near- and mid-term revenue growth. Our forecasts see revenues growing to c£5.0m in FY24E from £1.8m in FY22A, supported by the core products and pipeline, with the seed treatment expected to contribute to revenues in FY24E. The company has announced it is conditionally raising £9m, gross, which it will use to support the launch of its new seed treatment, Ecovelex, in partnership w ....
28 Jul 2023
Cenkos: Eden Research Plc -- Keep growing
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Cenkos: Eden Research Plc -- Keep growing
Eden Research plc (EDEN:LON) | 2.4 0 0.0% | Mkt Cap: 12.8m
- Published:
28 Jul 2023 -
Author:
Chris Donnellan -
Pages:
26 -
We believe Eden Research's product portfolio of launched and pipeline opportunities provides a strong foundation for near- and mid-term revenue growth. Our forecasts see revenues growing to c£5.0m in FY24E from £1.8m in FY22A, supported by the core products and pipeline, with the seed treatment expected to contribute to revenues in FY24E. The company has announced it is conditionally raising £9m, gross, which it will use to support the launch of its new seed treatment, Ecovelex, in partnership w ....