Concepta (CPT)

Sector:

Health Care

Index:

FTSE AIM All-Share

 1.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 4.00
  • 52 Week Low: 1.30
  • Currency: UK Pounds
  • Shares Issued: 264.95m
  • Volume: 27,948
  • Market Cap: £3.71m
  • RiskGrade: 390

Concepta losses widen ahead of myLotus' UK roll-out

By Iain Gilbert

Date: Thursday 27 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Concepta saw losses widen in the first half of its trading year as it ramped up for the launch of its myLotus fertility product across the UK within the next few months.
For the six months ended 30 June, Concepta turned in a 38% deeper loss of £1.49m, as a result of costs associated with getting myLotus ready for its UK launch.

Once Concepta has completed its UK roll-out, the firm is aiming for a European launch for myLotus, an easy-to-use home test that measures hormone levels in urine to give quantitative and qualitative measurements to help reveal an explanation for a woman's lack of fertility.

While the Chinese market was Concepta's first choice for the product, progress had been "disappointing", leading new executive chairman Matthew Walls to pivot towards the UK and Europe.

"Whilst the positive study results from the Changhai hospital, Shanghai have helped bolster our confidence in the China product, given our limited bandwidth and revenue growth objectives our efforts will be aligned to support the successful launch of myLotus in the UK," said Walls.

Concepta ended the half with roughly £250,000 cash on hand - almost £1m less than it had access to a year ago - but noted that a £2m placing in August had helped the group bolster its standing somewhat.

Elsewhere, Concepta revealed it had appointed Dr David Darrock to the board as its new chief operating officer.

As of 1200 BST, Concepta shares had crashed 23.08% to 3.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Concepta Market Data

Currency UK Pounds
Share Price 1.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 4.00
52 Week Low 1.30
Volume 27,948
Shares Issued 264.95m
Market Cap £3.71m
RiskGrade 390

Concepta Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.52% below the market average32.52% below the market average32.52% below the market average32.52% below the market average32.52% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
91.45% below the market average91.45% below the market average91.45% below the market average91.45% below the market average91.45% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
27.49% below the market average27.49% below the market average27.49% below the market average27.49% below the market average27.49% below the market average
11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average

Concepta Dividends

No dividends found

Trades for 17-Jan-2020

Time Volume / Share Price
08:30 27,948 @ 1.30p

Concepta Key Personnel

CEO Erik Henau
COO David Darrock
CEO Penelope McCormick

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