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Prices & Quotes - UK Markets - Diaceutics (DXRX)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 106.50p
Change Today:
-2.00p
Market Cap:
89.53m
Sector:
Health Care Equipment & Services

Diaceutics delivers 'strong start' to 2021 despite ongoing pandemic

By Iain Gilbert

Date: Thursday 08 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Diagnostic commercialisation company Diaceutics said on Thursday that it had delivered "a strong start to the 2021 financial year", in line with management's expectations and despite the ongoing Covid-19 pandemic.
Diaceutics expects to report revenue growth of roughly 13% to 6.0m for the first half, while net cash was projected to be 23.7m as the firm continued to invest in the development of its DXRX platform.

The AIM-listed group also highlighted that its first-half performance reflected the growing momentum in the business following the launch of its DXRX platform on 28 October, which was responsible for over 30% of total revenues during the period.

Chief executive Peter Keeling said: "I am pleased to report a positive trading performance in the first half of the year, demonstrating the growing momentum in the business following the successful launch of the DXRX platform last year.

"We are seeing clear evidence of its value to stakeholders within the Pharma industry and to Diaceutics, providing us with the ability to scale our offering in line with the increased growth in the precision medicine industry. We remain confident that we are on the path towards becoming a strategically embedded platform provider to the Pharma industry."

As of 0955 BST, Diaceutics shares were up 0.96% at 126.20p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Diaceutics Market Data

Currency UK Pounds
Price 106.50p
Change Today -2.00p
52 Week High 152.00p
52 Week Low 102.00p
Volume 4,408
Shares Issued 84.07m
Market Cap 89.53m

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Diaceutics Dividends

No dividends found

Trades for 26-Nov-2021

Time Volume / Share Price
14:48 2,834 @ 107.84p
14:26 2 @ 108.00p
11:46 224 @ 105.04p
08:51 1,348 @ 107.00p

Diaceutics Key Personnel

CEO Peter Keeling
CFO Philip Henry Hugh White