Currency in GBP
Last close As at 25/01/2023
▲ −0.25 (−5.26%)
Light Science Technologies Holdings offers a range of products and services for improving productivity in controlled environment agriculture. It also offers an end-to-end, full-service contract electronic manufacturing capability (UK Circuits) based in the UK.
The group’s controlled environment agriculture division has signed the first two trial contracts for its sensorGROW product, which launched in June 2022. If successful, these two trials could roll into subscription contracts which generate up to £0.9m in recurring revenues from the provision of technology, data collection, advisory and maintenance services over a three year period.
|52 week high/low||16.2p/3.2p|
Light Science Technologies Holdings has signed two further trial contracts for its new sensorGROW system, which could roll into subscriptions collectively generating up to £0.2m over a three-year period. One of these contracts is with a leading UK manufacturer of preserves, marmalades and associated products. Following on from the first two trial contracts announced in September, which could generate up to £0.9m over a three-year period, we believe this demonstrates a high level of engagement from growers in exploring how sensorGROW can help them maximise yields and reduce energy, nutrient and water costs.
|Y/E Nov||Revenue (£m)||EBITDA (£m)||PBT (£m)||EPS (p)||P/E (x)||P/CF (x)|