MyCelx Technologies Corporation (MYX): Profit warning

This situation live

£12m · 47.0p · −19% since the first step

Upgrade / downgrade cycle

Profit warning

profit warning

Directionbelow expectations / warning

Reaction on the day−20%

In 12 months1 statement in the same direction

Company's wordsthe delay in timing of the overseas project and unexpected disruption to media volumes will affect near-term revenue ↗

Since Oct 2023: 661 situations of this kind; median share price +2% six months after they opened

Next: Middle East purchase order award for the delayed project

Every step · 1

8 Oct 2026 profit warning – the delay in timing of the overseas project and unexpected disruption to media volumes will affect near-term revenue ↗

What is happening

MyCelx Technologies Corporation: Profit warning – profit warning. ['profit warning']

In short: Impact on 2026 business was not assessable in May. In July several large Middle East projects were expected within six months. On 8 Oct 2026 the purchase order for a c.$2m project missed the fabrication window, so the revenue moves to FY2027. The customer remains committed to the project and its expansion plans.
Announced: 8 Oct 2026 · profit warning · -20% on the day
Awards: Several large expansion and upgrade projects expected within six months
Risk: Timelines dependent on the ongoing conflict
Revenue deferred: c.$2 million moves from FY2026 to FY2027
Cause: Purchase order not received within the required fabrication window
Customer view: Committed to the project and current and future expansion plans
Pipeline: One Middle Eastern national producer award expected in next 6-12 months

Middle East purchase order award for the delayed project.

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

Also at MyCelx Technologies Corporation 2 open