Added to YB: 2024-12-16
Pitch date: 2024-12-16
IXI.L [bullish]
IXICO plc
+6.52%
current return
Author Info
No bio for this author
Company Info
IXICO plc provides data analytics services to the biopharmaceutical industry in the United Kingdom, Switzerland, the Netherlands, Ireland, rest of Europe, and the United States.
Market Cap
GBP 13.0M
Pitch Price
GBP 0.12
Price Target
0.24 (+96%)
Dividend
N/A
EV/EBITDA
-6.78
P/E
-6.09
EV/Sales
1.28
Sector
Life Sciences Tools and Services
Category
value
Cavendish Sees 24p Potential for IXICO ($IXI.L)
IXI.L: IXICO signs key deal with PETNET (Siemens) for PET tracers in neuroscience trials. Follows £0.5m Huntington's contract. FY'25 forecast: £6.0m revenue, -£1.4m EBITDA, £3m net cash. At 11.5p, trades 1.3x EV/sales vs peers 3-3.5x. Potential for upgrades. Cavendish 24p target.
Read full article (2 min)