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Fusion Antibodies Plc (GB:FAB)
:FAB
UK Market

Fusion Antibodies Plc (FAB) AI Stock Analysis

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GB:FAB

Fusion Antibodies Plc

(LSE:FAB)

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Neutral 58 (OpenAI - 4o)
Rating:58Neutral
Price Target:
15.00p
▲(3.45% Upside)
Fusion Antibodies Plc's overall stock score is driven by positive technical indicators and promising corporate developments, particularly with the OptiMAL® platform. However, financial performance and valuation concerns due to ongoing profitability challenges and a negative P/E ratio weigh down the score.
Positive Factors
Revenue Growth
The company's revenue growth indicates potential for market expansion and increased demand for its services, supporting long-term business sustainability.
Low Leverage
Minimal leverage provides financial flexibility and reduces risk, allowing the company to invest in growth opportunities without significant debt burden.
Free Cash Flow Improvement
Improvement in free cash flow suggests better cash management and potential for reinvestment in business operations, enhancing future growth prospects.
Negative Factors
Profitability Challenges
Persistently negative profit margins indicate ongoing operational inefficiencies, which could hinder long-term financial health and investment capacity.
Weak Cash Flow
Weak cash flow generation limits the company's ability to fund operations and growth initiatives, posing a risk to its long-term viability.
Negative Return on Equity
A negative ROE reflects poor profitability relative to shareholder equity, indicating challenges in generating returns for investors, which may affect future capital raising.

Fusion Antibodies Plc (FAB) vs. iShares MSCI United Kingdom ETF (EWC)

Fusion Antibodies Plc Business Overview & Revenue Model

Company DescriptionFusion Antibodies Plc (FAB) is a biotechnology company specializing in the development and production of fully human monoclonal antibodies. The company operates primarily in the life sciences sector, providing a range of services including antibody discovery, engineering, and development. Fusion Antibodies focuses on offering tailored solutions to pharmaceutical and biotechnology companies, helping them accelerate their drug discovery processes and enhance the efficacy of therapeutic antibodies.
How the Company Makes MoneyFusion Antibodies generates revenue through multiple streams, primarily by providing contract research services for antibody discovery and development. The company charges clients for its bespoke services, which include the generation of fully human antibodies using its proprietary technologies. Additionally, Fusion Antibodies may earn revenue through partnerships and collaborations with larger pharmaceutical companies, which can involve milestone payments and royalties on future product sales. The company's focus on high-quality, innovative solutions positions it to capitalize on the growing demand for monoclonal antibodies in therapeutic applications, further enhancing its revenue potential.

Fusion Antibodies Plc Financial Statement Overview

Summary
Fusion Antibodies Plc is experiencing ongoing financial challenges with negative profitability and cash flow issues, despite some revenue growth and low leverage. The negative return on equity and cash flow difficulties highlight the need for operational improvements.
Income Statement
35
Negative
Fusion Antibodies Plc has shown a positive revenue growth rate of 9.05% in the latest year, indicating some recovery in sales. However, the company continues to face significant profitability challenges, with negative net profit margins (-87.18%) and EBIT margins (-87.84%). The gross profit margin has improved to 21.88%, but the company remains unprofitable at the net level, reflecting ongoing operational difficulties.
Balance Sheet
45
Neutral
The balance sheet of Fusion Antibodies Plc shows a low debt-to-equity ratio of 0.03, indicating minimal leverage, which is a positive aspect. However, the return on equity is significantly negative (-256.05%), reflecting substantial losses relative to shareholder equity. The equity ratio stands at 50.56%, suggesting a stable capital structure, but the negative ROE highlights profitability issues.
Cash Flow
30
Negative
The cash flow statement reveals a challenging situation with negative operating cash flow and free cash flow. Although there is a slight improvement in free cash flow growth (17.14%), the operating cash flow to net income ratio is negative (-2.19), indicating cash flow difficulties. The free cash flow to net income ratio is slightly positive (1.01), suggesting some alignment between cash flow and reported earnings, but overall cash generation remains weak.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.60M1.97M1.14M2.90M4.80M4.17M
Gross Profit290.00K430.00K-265.00K202.00K1.72M1.31M
EBITDA-1.36M-1.62M-2.06M-2.48M-573.00K-532.00K
Net Income-1.47M-1.71M-2.23M-2.60M-1.20M-2.90M
Balance Sheet
Total Assets1.81M1.32M2.42M2.06M4.92M5.83M
Cash, Cash Equivalents and Short-Term Investments252.00K359.00K1.20M195.00K2.05M2.69M
Total Debt388.00K20.00K43.00K75.00K69.00K230.00K
Total Liabilities1.09M654.00K627.00K939.00K1.23M1.08M
Stockholders Equity726.00K669.00K1.79M1.12M3.68M4.75M
Cash Flow
Free Cash Flow-1.26M-1.37M-1.77M-1.87M-591.00K-1.52M
Operating Cash Flow-1.19M-1.36M-1.77M-1.75M-333.00K-1.15M
Investing Cash Flow-69.00K-5.00K1.00K-114.00K-258.00K-365.00K
Financing Cash Flow1.07M529.00K2.77M7.00K-46.00K2.67M

Fusion Antibodies Plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price14.50
Price Trends
50DMA
13.71
Positive
100DMA
14.29
Positive
200DMA
10.49
Positive
Market Momentum
MACD
1.16
Negative
RSI
80.72
Negative
STOCH
83.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:FAB, the sentiment is Positive. The current price of 14.5 is above the 20-day moving average (MA) of 13.81, above the 50-day MA of 13.71, and above the 200-day MA of 10.49, indicating a bullish trend. The MACD of 1.16 indicates Negative momentum. The RSI at 80.72 is Negative, neither overbought nor oversold. The STOCH value of 83.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:FAB.

Fusion Antibodies Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
58
Neutral
£20.03M-164.37%-11.43%23.40%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
48
Neutral
£10.43M-4.83-15.57%13.32%55.07%
46
Neutral
£22.25M-5.89-213.66%39.88%81.33%
41
Neutral
£898.44K-0.17418.49%27.86%
40
Underperform
£6.26M-0.11-333.59%45.22%55.71%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:FAB
Fusion Antibodies Plc
19.25
12.65
191.67%
GB:IXI
IXICO plc
12.25
0.75
6.52%
GB:OBD
Oxford BioDynamics
0.26
-0.80
-75.83%
GB:HEMO
HemoGenyx Pharmaceuticals Plc
574.00
196.00
51.85%
GB:VAL
ValiRx plc
0.32
-0.40
-55.86%
GB:APTA
Aptamer Group Plc
0.78
0.38
95.00%

Fusion Antibodies Plc Corporate Events

Business Operations and StrategyFinancial Disclosures
Fusion Antibodies Reports Progress Amidst Revenue Decline
Positive
Nov 24, 2025

Fusion Antibodies plc reported a reduction in losses and increased R&D expenditure in its interim results for the first half of FY2026, despite a decrease in revenue compared to the previous year. The company highlighted significant progress with its OptiMAL® platform, including a successful validation project with the National Cancer Institute and the granting of a US patent. The commercial launch of OptiMAL® is on track, with positive feedback from prospective clients, indicating potential for a scalable licensing-based business model. Fusion Antibodies is well-positioned to capitalize on a recovering market and aims to expand its offerings to include additional libraries for diagnostics and veterinary medicine.

Business Operations and StrategyFinancial Disclosures
Fusion Antibodies to Release Interim Results and Host Investor Presentation
Positive
Nov 21, 2025

Fusion Antibodies plc announced it will release its unaudited interim results for the six months ended 30 September 2025 on 24 November 2025. The company will host an online live presentation for investors on 25 November 2025, providing an opportunity for stakeholders to engage with the management team and receive updates on the company’s business and current trading. This announcement underscores Fusion’s commitment to transparency and investor engagement, potentially impacting its market positioning and stakeholder relations positively.

Product-Related AnnouncementsBusiness Operations and Strategy
Fusion Antibodies Unveils OptiMAL® Library Video Ahead of December Launch
Positive
Nov 13, 2025

Fusion Antibodies plc has released a video featuring Dr. Richard Buick, CSO, discussing the science and technology behind their OptiMAL® library, which is set to launch commercially in December 2025. The OptiMAL® library, protected by a US patent, is designed to discover novel human antibodies and is part of the company’s strategy to provide innovative platforms that accelerate drug development, potentially enhancing their market position and offering significant benefits to stakeholders in the pharmaceutical and diagnostic industries.

Product-Related AnnouncementsBusiness Operations and Strategy
Fusion Antibodies Advances OptiMAL® Platform Towards December Launch
Positive
Nov 3, 2025

Fusion Antibodies plc announced the successful validation of its OptiMAL® platform for isolating specific antibodies against both protein and peptide targets, marking a significant milestone in its collaboration with the National Cancer Institute. This development positions the company for the commercial launch of OptiMAL® in December 2025 and expands its market potential by enabling the use of the platform for a wider range of targets. The NCI has expressed interest in extending its agreement with Fusion, highlighting the platform’s potential as a leading tool in therapeutic antibody discovery.

Shareholder MeetingsBusiness Operations and Strategy
Fusion Antibodies plc Successfully Passes AGM Resolutions
Positive
Oct 16, 2025

Fusion Antibodies plc announced that all resolutions were passed at its recent annual general meeting. This development underscores the company’s stable governance and continued focus on advancing its strategic goals in the rapidly growing monoclonal antibody therapeutics market, which is projected to surpass $445 billion by 2028.

Business Operations and StrategyFinancial Disclosures
Fusion Antibodies Reports H1 Financial Update and Strategic Milestones
Positive
Oct 16, 2025

Fusion Antibodies plc reported a decrease in unaudited revenues for the first half of the financial year 2026 compared to the previous year, but an increase from the second half of 2025, with improved gross margins reflecting operational efficiency. The company achieved a significant milestone with a US patent for its OptiMAL® library design and continued its collaboration with the National Cancer Institute, which plans to use the platform for future projects. Fusion secured new contracts, including a stable cell line development for a US biotechnology company and multiple humanization projects, strengthening its industry position. The company anticipates a stronger performance in the second half of the year, supported by a robust order book and promising sales opportunities, and is on track with strategic goals, including the launch of OptiMAL® in December.

Product-Related AnnouncementsBusiness Operations and Strategy
Fusion Antibodies Secures Major Antibody Humanisation Project
Positive
Oct 8, 2025

Fusion Antibodies plc has secured a new multi-target Integrated Therapeutic Antibody Services project with a European-based global pharmaceutical company. This project, which involves humanizing VHH antibody fragments, underscores Fusion’s strategic focus on partnering with major pharmaceutical firms to drive sustainable growth and enhance market positioning. The project is expected to be completed within the current financial year, generating revenues of at least £175,000, and highlights Fusion’s capability to deliver high-quality, innovative solutions.

Shareholder MeetingsFinancial Disclosures
Fusion Antibodies Announces Annual Report and AGM Details
Neutral
Sep 19, 2025

Fusion Antibodies plc announced the posting of its Annual Report and Accounts for the year ended 31 March 2025, along with the Notice of its Annual General Meeting (AGM) scheduled for 16 October 2025. The company continues to focus on enhancing its industry positioning by leveraging technological advances to expedite drug development, which could have significant implications for stakeholders by potentially speeding up the delivery of new therapeutic and diagnostic solutions.

Product-Related AnnouncementsBusiness Operations and Strategy
Fusion Antibodies Advances OptiMAL® Platform in NCI Collaboration
Positive
Sep 17, 2025

Fusion Antibodies plc has announced significant progress in its OptiMAL® project, a collaboration with the National Cancer Institute (NCI) to develop antibodies for cancer therapy and diagnostics. The NCI has expressed interest in extending the use of the OptiMAL® platform, which has successfully identified antibodies with commercially viable binding affinities. This development enhances Fusion’s industry positioning as a leader in pre-clinical antibody discovery and may have positive implications for stakeholders by potentially accelerating therapeutic and diagnostic projects targeting various cancers.

Business Operations and Strategy
Fusion Antibodies Announces Investor Presentation in Belfast
Positive
Sep 8, 2025

Fusion Antibodies plc announced an upcoming in-person investor presentation in Belfast on September 18, 2025. This event is part of the company’s strategy to engage with investors and showcase its advancements in antibody engineering services. The presentation reflects Fusion’s commitment to leveraging cutting-edge science to enhance its market position and support the global healthcare industry by expediting the drug development process.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 07, 2025