Tissue Regenix reported full-year results to 31 December in line with its January trading update that indicated it had reached EBITDA profitability in Q4. What was undisclosed then was that it included a $0.45m provision, without which it would have generated an adjusted EBITDA of c.$0.4m in H2, illustrating the positive underlying progression to a profitable and sustainable growth company. The outlook remains positive – new products, new geographies and additional distributors/strategic partner ....

21 Mar 2023
Tissue Regenix - FY 2022 – a pivotal year to a sustainably profitable business
Tissue Regenix Group plc (TRX:LON) | 51.0 0 0.0% | Mkt Cap: 35.9m
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Mark Brewer | Team Legacy Research
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17 pages
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Tissue Regenix - FY 2022 – a pivotal year to a sustainably profitable business
Tissue Regenix Group plc (TRX:LON) | 51.0 0 0.0% | Mkt Cap: 35.9m
- Published:
21 Mar 2023 -
Author:
Mark Brewer | Team Legacy Research -
Pages:
17 -
Tissue Regenix reported full-year results to 31 December in line with its January trading update that indicated it had reached EBITDA profitability in Q4. What was undisclosed then was that it included a $0.45m provision, without which it would have generated an adjusted EBITDA of c.$0.4m in H2, illustrating the positive underlying progression to a profitable and sustainable growth company. The outlook remains positive – new products, new geographies and additional distributors/strategic partner ....