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Share Price Information for Proteome (PRM)

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Share Price: 4.05
Bid: 3.30
Ask: 4.80
Change: 0.19 (4.92%)
Spread: 1.50 (45.455%)
Open: 3.86
High: 0.00
Low: 0.00
Prev. Close: 3.86
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IN BRIEF: Proteome Sciences repays GBP824,400 loan in full to Vulpes

Thu, 01st Jun 2023 16:43

Proteome Sciences PLC - London-based drug development services provider - Says it has repaid in full its outstanding loan and associated interest, totalling GBP824,424, to Vulpes Investment Management Private Ltd, as originally announced in July 2018 and amended in March last year.

In mid-May, Proteome Sciences said revenue for 2022 increased by 52% to GBP7.8 million, from GBP5.1 million in 2021. Biomarker services grew by 45% to GBP2.8 million and TMT revenue increased by 56% to GBP5.0 million. It said it was confident that progress over the recent years has created an "excellent" platform for further development of the group.

Current stock price: 4.86 pence, up 2.5%

12-month change: up 26%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Jun 2009 08:08

Proteome extends loan facility

Revenue rose strongly at disease identification specialist Proteome Sciences last year but cash inflows have fallen short of expectations. Revenue in 2008 rose to £0.85m from £0.27m in 2007 while loss before tax narrowed to £4.8m from £5.5m the year before. Cash in hand at the end of 2008 stood at

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