Breakdown | ||||
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
29.70M | 440.32K | 260.10K | 1.28M | -11.56K | Gross Profit |
29.70M | 440.32K | 10.67M | 1.28M | -11.56K | EBIT |
24.57M | 11.10M | 9.74M | 551.17K | -300.94K | EBITDA |
0.00 | 1.50M | -9.43M | 930.00 | 0.00 | Net Income Common Stockholders |
22.37M | 5.96M | -7.70M | 611.73K | -276.90K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
169.87M | 146.30M | 101.21M | 19.53M | 1.67M | Total Assets |
170.20M | 146.40M | 101.65M | 19.55M | 1.68M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-18.09M | -31.46M | -62.44M | -2.79M | -417.95K | Total Liabilities |
1.95M | 2.49M | 1.62M | 131.08K | 65.26K | Stockholders Equity |
168.26M | 143.91M | 100.03M | 19.42M | 1.61M |
Cash Flow | Free Cash Flow | |||
-24.40M | -42.21M | -12.17M | -666.38K | -181.31K | Operating Cash Flow |
-24.40M | -42.21M | -12.17M | -666.38K | -181.31K | Investing Cash Flow |
10.02M | -20.02M | -11.21M | -14.15M | 43.82K | Financing Cash Flow |
1.01M | 31.25M | 71.82M | 17.19M | 0.00 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
64 Neutral | £229.75M | 4.28 | 8.15% | 10.08% | -5.28% | 148.54% | |
64 Neutral | $12.64B | 9.74 | 8.05% | 17044.60% | 12.66% | -4.62% | |
53 Neutral | £3.86M | ― | -41.55% | ― | 346.77% | -2.53% | |
49 Neutral | £1.80B | 344.00 | 3.19% | ― | ― | ― | |
48 Neutral | £55.52M | ― | -10.74% | ― | ― | -600.00% | |
40 Underperform | £3.19M | 0.50 | 56.96% | ― | -55.66% | ― |
Agronomics Limited announced that its portfolio company, BlueNalu, has expanded its partnership with Nomad Foods to commercialize cell-cultivated seafood in the UK and Europe. This partnership will focus on market-entry strategies for BlueNalu’s seafood products, starting with premium foodservice offerings. BlueNalu’s involvement in the UK Food Standards Agency’s regulatory program is expected to expedite the approval process for cultivated foods, reinforcing its position as a leader in food system innovation. Recent research indicates strong consumer interest in BlueNalu’s cell-cultivated bluefin tuna toro, highlighting the product’s potential health and environmental benefits.
Spark’s Take on GB:ANIC Stock
According to Spark, TipRanks’ AI Analyst, GB:ANIC is a Neutral.
Agronomics Limited’s overall stock score reflects a mix of strong strategic initiatives and financial challenges. The company benefits from innovative projects and a strong balance sheet, but significant revenue volatility and valuation concerns weigh down the score. Strategic improvements are needed for stronger investment appeal.
To see Spark’s full report on GB:ANIC stock, click here.
Agronomics Limited announced that its portfolio company, Liberation Labs, has formed a strategic partnership with NEOM Investment Fund to develop a precision-fermentation facility in Saudi Arabia. This collaboration aims to bolster Saudi Arabia’s food security and establish NEOM as a leader in sustainable food production, with Liberation Labs leveraging its expertise in precision fermentation to produce high-value proteins without animals. The partnership is expected to create economic opportunities and high-skilled jobs, positioning Liberation Labs at the forefront of the industrial biotechnology sector.
Spark’s Take on GB:ANIC Stock
According to Spark, TipRanks’ AI Analyst, GB:ANIC is a Neutral.
Agronomics Limited’s overall stock score reflects a mix of strong strategic initiatives and financial challenges. The company’s innovative projects and strong balance sheet provide a positive outlook, but significant revenue volatility and valuation concerns weigh down the score. Strategic improvements are needed for stronger investment appeal.
To see Spark’s full report on GB:ANIC stock, click here.
Agronomics Limited announced that Shellbay Investments Limited, indirectly owned by Executive Chair Jim Mellon, has exercised options over 2,289,549 shares, transferring them to an advisory consultant. This transaction leaves Shellbay with 24,097 shares, while the company’s total issued share capital remains unchanged. This move reflects ongoing strategic maneuvers within the company, potentially impacting its market positioning and stakeholder interests.
Agronomics Limited reported a decrease in its Net Asset Value per share by 4.1% for the six-month period ending December 2024, with a net loss of £6.55 million. Despite financial setbacks, the company showcased significant technological and commercial progress within its portfolio, raising close to US$400 million collectively. Notable achievements include successful funding rounds for portfolio companies like Formo and Meatly, and regulatory approvals for All G, indicating a strong positioning in the cultivated food sector. The company anticipates 2025 to be transformative, with expectations of regulatory approvals and commercialization of products, alongside infrastructure developments like Liberation Labs’ biomanufacturing facility.
Agronomics Limited announced that its portfolio company, Solar Foods, has secured a €10 million grant from Business Finland to support the commissioning of a new commercial-scale production facility, Factory 02. This funding is part of Solar Foods’ growth strategy to expand its production capabilities and commercialize its Solein® protein, which is produced using carbon dioxide and electricity, offering a sustainable alternative to traditional agriculture. The new facility is expected to significantly increase production capacity and reduce costs, further positioning Solar Foods as a leader in the clean food industry.
Agronomics Limited announced that its portfolio company, Meatly, has launched the world’s first cultivated meat dog treat, now on sale at Pets at Home in London. This innovative product, ‘Chick Bites,’ combines plant-based ingredients with cultivated chicken meat, offering a sustainable alternative to traditional pet food. Meatly plans to expand its production and aims to make its products more widely available within the next 3-5 years. This launch marks a significant step in the pet food market, aligning with the industry’s growing demand for sustainable practices, as pets consume a substantial portion of meat, contributing to environmental impacts. Agronomics, having invested £1.2 million in Meatly, holds a 25.54% equity stake, highlighting its commitment to supporting sustainable innovations in food production.
Agronomics Limited announced that Jim Mellon, its Executive Chair, through his wholly owned company Galloway Limited, purchased 1,300,000 shares at 3.80 pence per share. This transaction increases Mellon’s stake in the company to 15.89% of the total issued capital, with a substantial portion held indirectly through Galloway Limited. This move signals confidence in the company’s strategic direction and could influence market perceptions and investor sentiment regarding Agronomics’ ongoing initiatives in the clean food industry.