SkinBioTherapeutics (GB:SBTX) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SkinBioTherapeutics plc has achieved remarkable growth through strategic acquisitions and expanding its product lineup, resulting in a projected turnover of £6.3 million for FY25. The company has successfully extended its Croda partnership and launched new products in Europe, bolstering its presence in the skin health market. With these developments, SkinBioTherapeutics anticipates becoming cash flow positive by FY25, minimizing the need for further fundraising.
For further insights into GB:SBTX stock, check out TipRanks’ Stock Analysis page.