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Pin to quick picksSkinbiotherap. Share News (SBTX)

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SkinBioTherapeutics proposes Manprit Singh Randhawa as new CFO

Mon, 28th Mar 2022 09:57

(Alliance News) - SkinBioTherapeutics PLC on Monday said it has proposed to appoint Manprit Singh Randhawa as its new chief financial officer.

The skin health-focused life sciences company said Randhawa will replace current part-time CFO Doug Quinn upon nominated adviser confirmation of his appointment.

Randhawa most recently worked as CFO at Chelmsford, England-based educational technology firm, Juniper Education Group.

"We have changed the CFO position from part-time to a full-time role to reflect the new commercial path of the business," Chair Martin Hunt said.

Meanwhile, the Macclesfield-based firm proposed the appointment of Danielle Bekker as non-executive director.

SkinBioTherapeutics shares were 1.5% lower at 48.25 pence each in London on Monday morning.

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
22 Mar 2024 11:34

SkinBioTherapeutics half-year revenue jumps on UK-based sales

(Alliance News) - SkinBioTherapeutics PLC on Friday said it saw its interim revenue soar on higher sales in the UK, as well as more returns across Europe, and affirmed that its full-year trading remains in line with guidance.

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18 Mar 2024 14:17

SkinBioTherapeutics announces research into wound healing bacterium

(Alliance News) - SkinBioTherapeutics PLC on Monday said that it has begun a new research and development project in partnership with the University of Manchester.

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15 Mar 2024 13:08

UK earnings, trading statements calendar - next 7 days

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Next PLCFull Year Results
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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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28 Feb 2024 20:31

TRADING UPDATES: Avacta plans fundraise to fund clinical development

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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27 Feb 2024 17:42

TRADING UPDATES: Windward extends LSEG pact; Vinanz eyes DTC trading

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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27 Feb 2024 15:44

SkinBioTherapeutics reports positive interim acne study findings

(Sharecast News) - Life science company SkinBioTherapeutics reported encouraging interim findings from its ongoing AxisBiotix acne food supplement study featuring its lead formulation on Tuesday.

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20 Feb 2024 13:52

SkinBio's Dermatonics launches Once Heel Balm in Asia, ME and Africa

(Alliance News) - SkinBioTherapeutics PLC on Tuesday said its newly acquired Dermatonics will launch Pheet and Dermatonics Once Heel balm in Asia, the Middle East and Africa.

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6 Feb 2024 14:29

IN BRIEF: SkinBioTherapeutics up after successful year for Dermatonics

SkinBioTherapeutics PLC - Newcastle, England-based life science company focused on skin health - Provides a trading update for the recently acquired Dermatonics Ltd, a Cambridgeshire-based manufacturer of skincare products. In January, SkinBio completed its acquisition of Dermatonics for an initial payment of GBP1.7 million, alongside a GBP1.3 million earn-out over three years. Dermatonics's revenue was GBP1.9 million for the year ended January 31, up 2.2% from GBP1.8 million a year prior. Earnings before interest, tax, depreciation and amortisation were GBP422,000 for the 12 months, up 77% from GBP230,000 adjusted Ebitda last year. Adjustments were a GBP150,000 stock write-off and GBP123,000 bad debt in financial 2023. As of January 31, Dermatonics had a cash balance of GBP149,000, down from GBP213,000.

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26 Jan 2024 16:04

SkinBioTherapeutics finalises acquisition of Dermatronics

(Sharecast News) - SkinBioTherapeutics announced on Friday that it has finalised the acquisition of Dermatonics, known for its topical and dermatological products within the skincare and wound care sector.

Read more
26 Jan 2024 10:36

IN BRIEF: SkinBioTherapeutics completes Dermatonics purchase

SkinBioTherapeutics PLC - Newcastle, England-based life science company focused on skin health - Completes the the acquisition of Dermatonics Ltd. On Thursday, it agreed to buy Dermatonics for GBP1.7 million initially, plus up to a GBP1.3 million earn-out over three years. St Ives, Cambridgeshire-based Dermatonics makes topical and dermatological products for skincare and woundcare, using natural ingredients wherever possible. It has annual earnings of GBP230,000 on GBP1.8 million in revenue.

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25 Jan 2024 14:57

IN BRIEF: SkinBioTherapeutics buys Dermatonics; in talks for 2nd deal

SkinBioTherapeutics PLC - Newcastle, England-based life science company focused on skin health - Agrees to acquire Dermatonics Ltd for GBP1.7 million initially, plus up to a GBP1.3 million earn-out over three years. St Ives, Cambridgeshire-based Dermatonics makes topical and dermatological products for skincare and woundcare, using natural ingredients wherever possible. It has annual earnings of GBP230,000 on GBP1.8 million in revenue. SkinBioTherapeutics says the acquisition will be financed with a GBP1.6 million drawdown from a new GBP5.0 million convertible bond issue.

Read more
29 Dec 2023 13:29

SkinBioTherapeutics suffers acquisition delay but aims for early 2024

(Alliance News) - SkinBioTherapeutics PLC on Friday said it expects to complete an acquisition early in 2024, missing its year-end target.

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22 Dec 2023 15:50

UK shareholder meetings calendar - next 7 days

Monday 25 December 
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Tuesday 26 December 
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Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
30 Nov 2023 21:10

EARNINGS AND TRADING: Dispensa and SkinBioTherapeutics losses widen

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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30 Nov 2023 14:25

TRADING UPDATES: SkinBio launches food supplement on Amazon

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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