Addex Therapeutics Ltd (VTX:ADXN) Has Found A Path To Profitability [Yahoo! Finance]
Addex Therapeutics Ltd - American Depositary Shares (ADXN)
Company Research
Source: Yahoo! Finance
Addex Therapeutics Ltd discovers, develops, and commercializes small-molecule pharmaceutical products for central nervous system (CNS) disorders in Switzerland. The company's loss has recently broadened since it announced a CHF11m loss in the full financial year, compared to the latest trailing-twelve-month loss of CHF12m, moving it further away from breakeven. Many investors are wondering about the rate at which Addex Therapeutics will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. Check out our latest analysis for Addex Therapeutics Consensus from 3 of the Swiss Biotechs analysts is that Addex Therapeutics is on the verge of breakeven. They expect the company to post a final loss in 2023, before turning a profit of CHF8.1m in 2024. Therefore, the company is expected to breakeven roughly a year from now or less! We
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News
- Are Medical Stocks Lagging Addex Therapeutics (ADXN) This Year? [Yahoo! Finance]Yahoo! Finance
- Addex Provisional 2024 Third Quarter Results Showed Net Loss Compared to Second Quarter 2024GlobeNewswire
- Exploring Three High Growth Tech Stocks In Switzerland [Yahoo! Finance]Yahoo! Finance
- Alcohol Use Disorder Industry Forecast to Reach $1.88 Billion by 2030 - Telemedicine and Mobile Applications Present Lucrative Business Opportunities [Yahoo! Finance]Yahoo! Finance
- Swiss High Growth Tech Stocks Led By Comet Holding [Yahoo! Finance]Yahoo! Finance
ADXN
Sec Filings
- 11/12/24 - Form 6-K
- 9/30/24 - Form 6-K
- 9/19/24 - Form 6-K
- ADXN's page on the SEC website