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An announcement from OptiBiotix Health ( (GB:OPTI) ) is now available.
OptiBiotix Health plc reported strong commercial progress for the financial year ending 2024, with a 56% increase in orders and significant sales growth in the USA and Asia. The company cleared stock overhangs, leading to improved margins and revenue potential for 2025. OptiBiotix’s SlimBiome® product has gained traction due to increased consumer awareness of weight management benefits, attracting partners willing to invest in marketing. The company is also advancing its SweetBiotix® products with major partners, aiming for a substantial global business foundation.
More about OptiBiotix Health
OptiBiotix Health plc is a life sciences company focused on developing products that reduce hunger and food cravings, enhance the gut microbiome, and offer healthy sugar substitutes. The company targets key markets in the USA and Asia, with a focus on e-commerce and dual income streams from branded and white label products.
YTD Price Performance: -4.17%
Average Trading Volume: 190,289
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £16.9M
For a thorough assessment of OPTI stock, go to TipRanks’ Stock Analysis page.