Amoeba (PAR: ALMIB)

Currency in EUR

Last close As at 28/03/2023

EUR0.65

−0.04 (−5.78%)

Market capitalisation

EUR34m

Amoéba is developing biological fungicides for treating diseases such as mildews and rusts, which have a major economic impact on the production globally of a wide range of crops. These novel fungicides are based on the characteristics of the Willaertia magna C2c Maky amoeba.

Latest Insights

Industrials

Amoeba – executive interview

Industrials

Amoeba — Fighting pathogens, respecting nature

Sector

Industrials

Equity Analyst

Anne Crow

Anne Margaret Crow

Director, TMT & Industrials

Key Management

  • Fabrice Plasson

    Chairman & CEO

  • Valérie Filiatre

    Deputy general manager

Balance Sheet

Forecast net cash (€m)

5.8

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (6.2) (15.4) (11.8)
Relative (3.0) (21.3) (17.0)
52 week high/low €1.2/€0.5

Financials

During 2022 Amoéba secured regulatory approval in the United States and a recommendation for approval in the European Union for the active substance used in its innovative biological fungicides. It is now looking to raise €45m to fund operations and site expansion over the next three years. €23m of the financing will be for capital expenditure, primarily on a production plant capable initially of manufacturing sufficient active substance annually to treat 100,000 hectares of crops, 200,000 hectares when extended. Management plans to have this operational by early 2025 to support product roll-out, subject to Amoéba receiving regulatory approval for individual fungicides containing the active substance in 2024.

Y/E Dec Revenue (€m) EBITDA (€m) PBT (€m) EPS (fd) (c) P/E (x) P/CF (x)
2020A 0.0 (4.4) (8.0) (49.31) N/A N/A
2021A 0.0 (4.5) (8.0) (45.06) N/A N/A
2022E 0.0 (4.5) (7.2) (22.87) N/A N/A
2023E 0.0 (7.7) (9.1) (18.43) N/A N/A

Research

Industrials

Amoeba – executive interview

Thematics

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