Acquisition OfferNIOX has announced it has received a possible 81p/share all-cash offer from Keensight Capital valuing the business at £322m.
Financial PerformanceNIOX's fiscal year trading update confirms another solid period of growth, with revenues increasing by 14% to £41.8 million, in line with consensus expectations.
ValuationNIOX trades at a significant discount to peers, with a 2025 estimated price-to-earnings ratio of approximately 13 times, considered too cheap given the company's growth and margin profile.