Agronomics Limited ( (GB:ANIC) ) has shared an update.
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.
More about Agronomics Limited
Agronomics Limited is a prominent player in the clean food industry, focusing on investments in cultivated food technologies. The company is listed on the AIM market and is known for its strategic investments in innovative food production methods, aiming to transform the food supply chain with sustainable and alternative protein sources.
YTD Price Performance: 75.26%
Average Trading Volume: 4,520,420
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £71.67M
Find detailed analytics on ANIC stock on TipRanks’ Stock Analysis page.