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The latest announcement is out from Agronomics Limited ( (GB:ANIC) ).
Agronomics Limited announced its annual audited results for the year ending 30 June 2024, highlighting a decrease in net asset value (NAV) due to unrealized losses and valuation reductions in portfolio companies like Geltor and VitroLabs. Despite these challenges, the company observed gains in other investments and significant fundraising achievements across its portfolio, reflecting progress in scaling operations and forming strategic partnerships. The company remains optimistic about its portfolio’s potential and the broader industry’s outlook, focusing on supporting portfolio companies in scaling production and refining market strategies.
More about Agronomics Limited
Agronomics Limited is a leading London-listed investment firm specializing in cellular agriculture. The company invests in ventures with defensible intellectual property that offer innovative ways to produce food and materials, traditionally derived from animals, focusing on sustainability, human health, animal welfare, and environmental impact.
YTD Price Performance: -60.0%
Average Trading Volume: 3,726,109
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £38.36M
Learn more about ANIC stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
