Angle Plc. Preliminary results yesterday.....................29 May 2025 13:01
"Revenues for the year up 31% to £2.9 million (FY23: £2.2 million)".
"In May 2024, ANGLE announced a second contract with AstraZeneca. Under the terms of the agreement, initially valued at £550,000, with an additional £120,000 added through an expanded scope,".
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So £670,000 of that was ONE of the Astrazeneca contracts, or about 23%.
The other Astra one was £150,000 and the Eisai one £250,000.
We know they have been advertising for more lab people.
So I guess with Parsortix machine sales and consumables revenue Angle would need just 2 orders of similar size to Astras bigger order to easily increase revenue. So beating the year ended 31 December 2024 revenue suddenly seems far more likely.
This is good.
All IMHO.