Financial Performance2H24 revenues increased by 113% year-over-year to GBP30.2m, with gross profit up 160% to GBP17.3m, resulting in a margin of 74%.
Market PositionValuation has corrected notably, leaving significant upside to the new price target and providing an attractive entry point for exposure to a technological innovator with differentiated technology and a resilient business model.
Strategic PositioningCeres's strategic exposure to Asian markets provides a significant advantage during a period of uncertainty in Western markets.