Sabien is working on developing M2G Evo, which aims to combine three devices that it has previously procured separately, the M2G, M2G Cloud dongle and the M2G Interface box. Sabien expects a cost reduction of up to 50% on the current separate cost of all devices.
The company said it expects M2G Evo to become its only M2G product by 2024.
This will be a game changer with rollout into US market.
GL.
Maybe RP heard you!
I agree these markets are the worst I have seen.
More buys than sells but will remain in the red.
No debt.
About to turn a profit with America beckoning.
But according to the market nothing to see here
GL.
Great bit of publicity will help with future sales and hopefully marks the start of regular news re commercialisation!
Sara Barrington, CEO of Verici Dx, said: "ASN Kidney Week is an important platform for Verici Dx to raise awareness of its products including ClaravaTM, being the largest international gathering attended by kidney health professionals and featuring the latest advances in treatment, research and cutting edge technology in the field of nephrology."
GL.
Results confirming in my eye that M2G is worth more than the current mcap on its own.
No debt.
Entering the American market.
Other potential not recognised.
Richard Parris, Executive Chairman, commented,
"Sabien's financial results serve as a compelling testament to progress. Revenue rose by an impressive 62% in the year, and has grown by 38% since the end of the period compared to the same period in the prior year.
This growth is propelled by the enduring success of our flagship product, M2G, and the increasing growth of our Cloud Solutions division. With a promising pipeline of deferred and forward orders, we eagerly anticipate further expansion in the current fiscal year. Our strategic initiatives, exemplified by the expansion of our Cloud-enabled gas boiler energy-saving solution into the United States, underscore the compelling long-term prospects of M2G.
In tandem, our collaboration with City Oil Field ("COF") continues towards the deployment of this world-leading technology. Our collaborative approach ensures the construction of robust foundations for the autonomous development of a pivotal business line, all while nurturing a productive working relationship with COF."
Shame might be lost in the Enet froth!
GL.
1m is not small change with 500k unconditional!
There is a 500k buyer now.
Chance of a takeover or will they hold the 200m shares?
Interesting at least.
GL.
Anyone any idea whom the partner is?
Price is very low!
Will they hold onto the shares? Ie will we get a Tr1?
GL.
Oh no more good news!!!!!
GL.
Excellent post lets pi's decide for themselves which way this may go.
In the run up to Halloween either 40p+ or the very scary 7p!
Add shorters and Mike Ashley in the mix , makes for a very interesting few weeks.
GL.
More good news so I presume the SP will fall.
GL.
I know whom needs to leave this chat board.
It is obvious it is not good for their mental health.
Seriously all go and watch the cricket highlights or something else.
I am off to read my Viz .
GL.