Eden Research (GB:EDEN) has released an update.
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Eden Research plc, specializing in sustainable biopesticides and plastic-free formulation technology, has demonstrated robust growth with a 78% revenue increase to £3.2 million for the year ended 31 December 2023. Despite an operating loss decrease to £1.9 million, the company’s innovation in seed treatment, Ecovelex, and expansion in the US and European markets have contributed positively. The company also reports a strong cash position of £7.4 million, bolstered by successful fundraising efforts.
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