Revenue Growth and Order Book Expansion
The company reported GBP 6.5 million in revenues for the year, reflecting a 13% growth. The order book increased from GBP 13.1 million to GBP 17.7 million, showing significant growth and providing strong future revenue visibility.
Innovate, Lead, Scale Strategy Success
The strategy led to a notable increase in Alzheimer's and Parkinson's disease projects. The company successfully expanded its operational footprint in North America and established strategic partnerships, contributing to order book growth.
Strong Financial Position
IXICO ended the year with a strong balance sheet, holding GBP 3.5 million in cash and a total net asset position of GBP 11.7 million, supported by strategic investments in platform and data.
Strategic Partnerships and New Markets
The company announced partnerships with key opinion leaders and organizations like the Global Alzheimer's Platform, enhancing its market position and potential for future growth.