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OptiBiotix Health – 2023 results not as initially hoped, but trading performance is now fast-improving: STRONG BUY

By Tom Winnifrith & Steve Moore | Tuesday 2 July 2024

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Developer of compounds to prevent and manage disease and promote wellness, OptiBiotix Health (OPTI) has announced results for the 2023 calendar year emphasising increased revenue and that it continues to see sales momentum building in 2024 with its highest ever single order of over £200,000 and sales orders in H1 approaching FY 2023. However, what about the bottom-line performance? And, with the shares currently around 16p, are they a buy, hold or sell?
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