OptiBiotix Health
OPTI · AIM · Health Care · mcap £5.8m · 5.7p 1 open situation →
- EV
- £2.8m
- EV / EBIT
- –
- Net cash
- £989k
- FCF yield
- -29.3%
- Revenue
- £1.3m
- Share price 1y
- −32%
- Insiders 12m
- bought £10k
- Next report
- around 27 May
Timeline · every situation
dots = announcementsOpen · 1
Turnaround plan with targets
Cost reduction and commercial sustainability plan
Cost cuts delivering in H1; more due H2
Since April 2026 the company has shifted to commercial sustainability, targeting £500-600k of annual savings, and a May share sale extended runway into H1 2027. H1 2026 shows the cuts working: selling costs down 69.5%, operating costs down 12.2%, China trading partner suspended. Further savings are expected in H2 as one-offs drop out.
- Operating costs
- £1.01m, down 12.2% (H1 2025: £1.15m), excluding share-based payments, depreciation and amortisation
- Selling costs
- £76k, down 69.5% (H1 2025: £249k)
- China
- Trading partner suspended; no ongoing cost in H2 2026
- Cash
- £0.99m at 30 June 2026, no debt
- Next milestone
- Further H2 2026 cost improvements as one-off H1 costs do not recur
Next: H2 2026 cost improvements as one-off H1 costs fall away
- 17 Sep 2026 Cost cuts delivering in H1; more due H2
- 1 May 2026 Cost cuts under way; runway extended by share sale
- 1 Apr 2026 Cost cuts under way; unit P&Ls being built
Company filings. Not investment advice.