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LON:NIOX

Niox Group PLC

OPPORTUNISTIC BUY 2026-08-01 Updated today 60.40p Healthcare - Medical - DevicesAWAIT ENTRY
59

Position levels

Currenttoday
60.40p
Buy <=wait / entry
56.00p
Trim >=take some off
72.00p
Thesis breakA sustained deceleration in FeNO clinical and research revenue to single-digit g...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Research revenue growth of 108% to GBP 5.2 million in H1 2025 driven by increased clinical trial activity
  • Group revenue growth of 20% to GBP 25.2 million and adjusted EBITDA growth of 30% to GBP 9.2 million with margin expansion to 36.5%
  • Full year 2024 revenue growth of 14% to GBP 41.8 million and adjusted EBITDA growth of 21% to GBP 13.8 million
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