RE: So under value9 Dec 2024 10:23
It’s shocking really that this hasn’t gained more interest.
The company are so close to profitability, they’ve developed and rolled out multiple new class leading proprietary platforms that are ready to go, they’re pivoting their existing tech to make clients assets even more valuable, they’ve increased margins this year to 27% and shard are forecasting this to be back to 39% by year end and 61% by end of next FY, the business is leaner, the NCI partnership is into its second half and hopefully will bring massive news! Plus they’ve a really diverse client base, they’re broadening their markets, they’ve got blue chip clients all over the place who could licence or buyout any of their tech at any point as well as having a pipeline of molecules in the clinic which could generate milestones or royalty payments at any time.
Then, to top it off out of the blue they drop that news about the grant and game changing partnerships last week. That really does tell me the future is bright for FAB.