ANGLE Future Growth

Future criteria checks 2/6

ANGLE is forecast to grow earnings and revenue by 42.4% and 46.6% per annum respectively while EPS is expected to grow by 42.4% per annum.

Key information

42.4%

Earnings growth rate

42.4%

EPS growth rate

Medical Equipment earnings growth	21.5%
Revenue growth rate	46.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	30 Jan 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

AIM:AGL - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	36	-6	N/A	-6	2
12/31/2025	17	-14	N/A	-11	2
12/31/2024	8	-15	N/A	-12	3
12/31/2023	2	-19	N/A	-15	2
6/30/2023	2	-22	-16	-15	N/A
3/31/2023	1	-22	-17	-16	N/A
12/31/2022	1	-22	-18	-16	N/A
9/30/2022	1	-19	-19	-17	N/A
6/30/2022	1	-17	-19	-18	N/A
3/31/2022	1	-16	-18	-16	N/A
12/31/2021	1	-15	-16	-14	N/A
9/30/2021	1	-15	-13	-12	N/A
6/30/2021	1	-16	-11	-10	N/A
3/31/2021	1	-14	-10	-9	N/A
12/31/2020	1	-12	-8	-8	N/A
6/30/2020	1	-10	-14	-15	N/A
3/31/2020	1	-11	-14	-14	N/A
12/31/2019	1	-11	-13	-13	N/A
10/31/2019	1	-10	-11	-9	N/A
7/31/2019	1	-9	-10	-8	N/A
4/30/2019	1	-9	-9	-7	N/A
1/31/2019	1	-9	-9	-7	N/A
10/31/2018	1	-8	-9	-7	N/A
7/31/2018	1	-8	-9	-7	N/A
4/30/2018	1	-8	-9	-7	N/A
10/31/2017	0	-7	-9	-8	N/A
7/31/2017	0	-7	-8	-8	N/A
4/30/2017	0	-7	N/A	-7	N/A
10/31/2016	1	-5	N/A	-5	N/A
7/31/2016	0	-5	N/A	-5	N/A
4/30/2016	0	-5	N/A	-4	N/A
1/31/2016	0	-5	N/A	-4	N/A
10/31/2015	N/A	-4	N/A	-4	N/A
7/31/2015	N/A	-4	N/A	-4	N/A
4/30/2015	N/A	-4	N/A	-3	N/A
10/31/2014	-1	-3	N/A	-3	N/A
7/31/2014	0	-3	N/A	-2	N/A
4/30/2014	N/A	-2	N/A	-2	N/A
1/31/2014	2	-1	N/A	-2	N/A
10/31/2013	2	-1	N/A	-1	N/A
7/31/2013	2	-1	N/A	-1	N/A
4/30/2013	1	-1	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AGL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AGL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AGL's revenue (46.6% per year) is forecast to grow faster than the UK market (3.3% per year).

High Growth Revenue: AGL's revenue (46.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if AGL's Return on Equity is forecast to be high in 3 years time

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ANGLE Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus revenue estimates decrease by 17%

Consensus revenue estimates decrease by 17%

Price target increased by 15% to UK£1.09

ANGLE plc Provides Earnings Guidance for the Year 2023

Price target decreased by 35% to UK£0.94

Price target increased to UK£2.16

Recent updates

We're Keeping An Eye On ANGLE's (LON:AGL) Cash Burn Rate

Consensus revenue estimates decrease by 17%

Consensus revenue estimates decrease by 17%

Price target increased by 15% to UK£1.09

Angle plc Announces Use of Parsortix System in Pre-Clinical Model Unlocks Opportunities for Drug Discovery

ANGLE plc Launches Portrait+ CTC Kit At SABCS

Will ANGLE (LON:AGL) Spend Its Cash Wisely?

ANGLE plc Provides Earnings Guidance for the Year 2023

ANGLE plc Announces the Launch of Its Portrait® PD-L1 Test for the Evaluation of PD-L1 Protein Expression on CTCs Following Extensive Development and Optimisation

First half 2023 earnings released: UK£0.038 loss per share (vs UK£0.039 loss in 1H 2022)

Angle plc Announces the Launch of Its Portrait™ Flex Ctc Assay

We Think ANGLE (LON:AGL) Needs To Drive Business Growth Carefully

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

ANGLE plc Announces Senior Management Appointments

ANGLE plc Announces Board Changes

Price target decreased by 35% to UK£0.94

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

We Think ANGLE (LON:AGL) Needs To Drive Business Growth Carefully

ANGLE plc Announces Appointment of Joseph (Joe) Eid as Non-Executive Director

Insufficient new directors

ANGLE plc to Report Fiscal Year 2022 Results on Jun 02, 2023

ANGLE plc Announces Appointment of Juliet Thompson as Non-Executive Director

ANGLE plc Announces the Publication of Results from A Multi-Centre Clinical Study

Angle plc Announces It Presented Results from A Proof of Concept Study At the International Society of Liquid Biopsy Meeting in Miami, Florida

ANGLE plc Announces Streamlining of Operations to Increase Cash Runway

First half 2022 earnings: EPS and revenues miss analyst expectations

ANGLE plc Announces Positive Headline Results from Ovarian Study

ANGLE plc Announces Study Using Parsortix in Head and Neck Cancer

ANGLE plc Announces the Publication of Results from A Clinical Study Undertaken in Partnership with the Wilmot Cancer Institute, University of Rochester, NY, US

Price target increased to UK£2.16

Angle plc Announces New Study Highlights Use of Parsortix System to Enable Cancer Cell Dna Analysis in Non-Small Cell Lung Cancer

ANGLE (LON:AGL) Is In A Good Position To Deliver On Growth Plans

ANGLE plc Announces Ground-Breaking Research by the World-Class Team at the Molecular Oncology Laboratory at the Swiss Federal Institute of Technology Zurich, Switzerland

Angle plc Announces Results of Work Undertaken in Advanced Non-Small Cell Lung Cancer (NSCLC) and Sarcoma Patients

Angle plc Receives FDA Clearance for Parsortix

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus forecasts updated

Price target increased to UK£1.85

Insufficient new directors

ANGLE plc, Annual General Meeting, Jun 29, 2022

ANGLE plc to Report Fiscal Year 2021 Results on Apr 28, 2022

Angle Announces Parsortix System Shows Potential for Providing Rapid Information on Patient Response to Therapies Targeting Metastasis

ANGLE plc Announces the Edith Cowan University, Perth, Australia, Has Published Results from A Study in Ovarian Cancer Patients Using the Parsortix® System

Price target increased to UK£1.80

ANGLE plc Announces the Publication of Research Undertaken by the World-Class Team At the University of Southern California Norris Cancer Center

ANGLE plc Provides Update on Lab Accreditation and Ovarian Study

Insufficient new directors

First half 2021 earnings released: UK£0.036 loss per share (vs UK£0.02 loss in 1H 2020)

ANGLE plc Announces Parsortix System Demonstrates Ability to Isolate CTCS for Downstream Gene Analysis Revealing Multiple Prognostic Biomarkers

Angle plc Announces That the Health Research Institute of Santiago

CFO, Finance Director exercised options to buy UK£524k worth of stock.

ANGLE (LON:AGL) Is In A Good Position To Deliver On Growth Plans

Founder exercised options and sold UK£1.0m worth of stock

Forecast to breakeven in 2025

ANGLE plc Announces Published Results of A New Study Undertaken in Non-Small Cell Lung Cancer

Angle plc Announces Breakthrough Research Supports Potential Use of Parsortix in Prevention of Relapse of Breast Cancer Patients in Remission

Angle's Parsortix System Harvests Intact CTCs for Whole Genomic Sequencing Identifying Multiple Druggable Targets

We're Not Very Worried About ANGLE's (LON:AGL) Cash Burn Rate

Full year 2020 earnings released: UK£0.065 loss per share (vs UK£0.057 loss in FY 2019)

ANGLE plc Announces Patient Enrolment Completed in Ovarian Cancer Clinical Verification Study

Angle plc Provides Update on Submission for FDA Clearance of the Parsortix System

What Type Of Shareholders Make Up ANGLE plc's (LON:AGL) Share Registry?

Angle plc Announces Results of New Study Undertaken in Non-Small Cell Lung Cancer

New 90-day high: UK£0.80

ANGLE plc Announces Publication of New Data Demonstrating the Performance of its Parsortix® System in a Head-to-Head Comparison with a Antibody-Based CTC System

New 90-day high: UK£0.54

We're Keeping An Eye On ANGLE's (LON:AGL) Cash Burn Rate

New 90-day low: UK£0.44

First half earnings released