Agronomics Takes Heavy Write-Downs but Portfolio Wins Key Regulatory and Commercial Milestones

Agronomics ( (GB:ANIC) ) has issued an announcement.

Agronomics reported a sharp decline in performance for the year to 30 June 2025, with net asset value per share falling 20% to 12.34 pence and a swing to a £32.7 million net operating loss, driven largely by £25.1 million of net investment losses, adverse foreign exchange movements and significant write-downs, including the full impairment of its £11.9 million stake in Meatable following that company’s voluntary liquidation. Total assets fell to £124.7 million and cash balances dropped to £3.6 million, underscoring tighter financial conditions even as the group continued to support key holdings such as Liberation Bioindustries and SuperMeat through follow-on funding.

Despite the financial hit, the portfolio achieved notable regulatory and commercial milestones that strengthen Agronomics’ strategic position in cellular agriculture, with Meatly securing first-in-world approvals and sales for cultivated pet food in the UK and Europe, Solar Foods listing in Finland and expanding partnerships with Ajinomoto, and All G gaining Chinese regulatory clearance for recombinant bovine lactoferrin. Additional progress included new manufacturing and offtake partnerships for Liberation Bioindustries, expanded collaboration for BlueNalu in European cultivated seafood, and multiple regulatory clearances for alternative proteins and specialty oils, suggesting that while sector funding has tightened and weaker players are being written off, leading assets in Agronomics’ portfolio are edging closer to commercial scale and diversified revenue streams. The company also set 13 February 2026 for its AGM, encouraging shareholders to exercise their voting rights by proxy and engage with management ahead of the meeting.

The most recent analyst rating on (GB:ANIC) stock is a Buy with a £15.90 price target. To see the full list of analyst forecasts on Agronomics stock, see the GB:ANIC Stock Forecast page.

Spark’s Take on GB:ANIC Stock

According to Spark, TipRanks’ AI Analyst, GB:ANIC is a Neutral.

Agronomics Limited faces significant financial challenges, with erratic income and negative cash flows weighing heavily on its score. However, a strong balance sheet and promising corporate events, such as strategic partnerships and innovations in sustainable food, provide some hope. Weak technical signals and poor valuation further suppress the overall score, indicating an uphill battle for stronger investment appeal.

To see Spark’s full report on GB:ANIC stock, click here.

More about Agronomics

Agronomics Limited is a listed investment company focused on cellular agriculture and “clean food” technologies, backing businesses developing cultivated meat, precision-fermented proteins, and other alternative food ingredients. Its portfolio is concentrated in early- and growth-stage companies seeking regulatory approvals and commercial partnerships across markets including the UK, Europe, the US, China and the Middle East, positioning Agronomics as a specialist investor in the emerging sustainable food sector.

Average Trading Volume: 1,845,349

Technical Sentiment Signal: Sell

Current Market Cap: £65.02M

For an in-depth examination of ANIC stock, go to TipRanks’ Overview page.