Light Science Technologies Achieves Record Revenue and Profitability in 2024

Light Science Technologies Holdings plc ( (GB:LST) ) has shared an announcement.

Light Science Technologies Holdings plc reported record revenues and net profitability in the second half of 2024, driven by strong performance across its divisions, particularly in AgTech and Passive Fire Protection. The company achieved a 29.5% increase in revenue to £12.04 million and improved gross margins to 30.3%. With strategic international partnerships and a robust product suite, LSTH is positioned for sustained growth and increased cash generation, enhancing its market position and stakeholder value.

More about Light Science Technologies Holdings plc

Light Science Technologies Holdings plc operates in the technology and manufacturing sector, focusing on AgTech, contract electronics manufacturing, and passive fire protection. The company designs, manufactures, and installs products and solutions across various industries, including commercial horticulture, pest control, lighting, audio, gas detection, and fire protection. It addresses global challenges such as food security, climate change, and fire protection, with a commitment to developing solutions in these growing market sectors.

YTD Price Performance: -7.14%

Average Trading Volume: 589,105

Technical Sentiment Consensus Rating: Buy

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