Oxford Biomedica Full Year 2024 Earnings: EPS Beats Expectations

Oxford Biomedica (LON:OXB) Full Year 2024 Results

Key Financial Results

• Revenue: UK£128.8m (up 44% from FY 2023).
• Net loss: UK£43.2m (loss narrowed by 73% from FY 2023).
• UK£0.42 loss per share (improved from UK£1.63 loss in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Oxford Biomedica EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Biotechs industry in the United Kingdom.

Performance of the British Biotechs industry.

The company's shares are down 15% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Oxford Biomedica's balance sheet health.

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