Probiotix Health Share Discussion Threads

[m4rtinu] 12/12/2023 10:04

I think that LPldl products have more potential than SlimBiome products. Steen A seems to have a bit of experience in growing companies and then selling. But I do get the impression PBX is taking a step backwards to hopefully make bigger steps forward in the future. IE putting a strategy in place in the 1st year of Steen's tenure. Up to him to prove it works.

Like many/most/all AIM companies, you have to wait and see hard evidence before you can believe anything.

[jmf69] 12/12/2023 08:27

I always believed pbx had more potential than slimbiome when it was under the OptiBiotix umbrella. Whether Steen can realise that potential is the question now?

[m4rtinu] 11/12/2023 18:06

So would I :)

[jmf69] 11/12/2023 15:23

Thanks Martin.Last year orders to the end of August were 1.1m and year end sales were 1.3m.On that basis, sales should be approximately 1.8m? I would like more regular updates from Steen and the team.

[m4rtinu] 11/12/2023 15:00

Here it is: (I guess you've seen this).

"During the first half of the financial year the Group received confirmed orders totalling £1.5m which is 16% greater than turnover for the period to 31 December 2022 of £1.31m. Of the orders received, £552k (2021: £302k) had been completed and invoiced as at 30 June 2023. The increase in sales for the first half of the year reflects strong development in new customer acquisition as well as growth from existing customers. Gross profit for the period amounted to £264k (2022: £154k)."

Let's see if " completed sales" are anything like as positive as that might be interpreted. But as I say, will be long way from net profit. Cheers. MU.

[jmf69] 11/12/2023 09:28

Not sure whether to take the complete lack of news from pbx as a bad sign?? Usually is bad. 1.3m sales last year and H1 2023 sales I found to be disappointing.

[jmf69] 07/12/2023 20:09

SEED DS-01Probiotics are by now well-established as a way of positively impacting not just the gut but the rest of the body -  and mood (increasingly the significance of the mind-gut relationship is being proven in studies, with a good, diverse gut bacteria profile being shown to have a positive effect). But not all probiotics make it into the gut itself. Seed DS-01 has been engineered to get there, surviving acid, enzymes, moisture, and heat so it can deliver live prebiotics and 24 strains of probiotics through to the end of the small intestine for delivery into the colon. Unsurprisingly, it's won awards. Surprisingly, it is not yet mainstream. That looks likely to change this year.

[jmf69] 07/12/2023 20:08

hTtps://www.standard.co.uk/lifestyle/wellness/new-supplements-vitamins-for-health-b1124666.html

[jmf69] 07/12/2023 07:30

Can see the board on the app now

[m4rtinu] 25/7/2023 11:12

:) No bother.

[stirkjames] 25/7/2023 10:47

I have no idea myself, thanks for the link.

[m4rtinu] 25/7/2023 10:23

Cos I'm incapable. Not so straightforward with AQSE ticker. But if you look above in my introduction I have just put a link to HL site which shows live price and tab for chart.

If you can tell me how to do the chart I'll try. But I had several goes before and failed. Also, SR trashed one of my other attempts so I left him to talk to himself! Cheers. MU.

[stirkjames] 25/7/2023 10:18

Why don't you put a chart on your header so we can see the share movement?

[m4rtinu] 25/7/2023 10:15

This is on the move.

[only 1 pinnochio] 29/6/2023 23:04

Just read the full report. 😂

Another POS spin out

[only 1 pinnochio] 29/6/2023 22:57

Hello

A loss and an outlook with no figures? .

Sounds familiar

[kumbuka] 29/6/2023 22:33

pj = FAILURE

[kumbuka] 29/6/2023 22:33

WARNING is pj is involved the company is certain to be an investment to stay away from and it might also be SCAM

[kumbuka] 29/6/2023 22:32

Pretty good line up of losers bully boy pj

PEL, SBTX, OPTI, MIN, INSG, INL and FLX

[kumbuka] 29/6/2023 22:30

Anything that bully boy pj is involved in is laughable LOL

[pj 1] 29/6/2023 22:06

Have I got this right?

X3 Board of Directors to generate £1.75m Revenue in a growth sector??

It's nothing short of laughable if my figures are correct.

[m4rtinu] 28/6/2023 10:19

Some extracts from the "Outlook"

ProBiotix has traded strongly since the beginning of the new financial year and has a strong order book from existing and new customers. Our CEO Steen Dannemann Andersen is already leveraging his industry-leading contacts to introduce
ProBiotix to new customers, some of which – including SymbioPharm one of the top three probiotic brands in Germany – have already placed a significant order.

We are also enjoying continued strong growth in e-commerce sales direct to consumers albeit ongoing issues with our supply chain has impacted on the availability of our best-selling product CholBiomeX3. The Company identified a new
manufacturer in 2022 and first orders were supplied in H1 2023.

CEOs strategy

...

In the first phase of implementation of this strategy, we will concentrate on expanding our sales structure in Europe and the Middle East, and building a platform for growth in North America, before moving in the medium term to explore the potential of additional markets in the Asia Pacific region, South America and South Africa. We will also seek to prove the potential for direct-to-consumer sales, focusing initially on the UK.

This strategy presents a clear five-year pathway for ProBiotix Health to build annual sales of £10 million while shifting the balance of the business from deriving 85% of turnover from bulk sales of LPLDL® in 2022 to making 85% of sales from finished products. To support this new strategic focus and ensure the delivery of the expected results we will need to make changes to the internal structure of the business and recruit additional personnel, including a
sales director for Europe and the Middle East and new sales manager for North America, together with an operations manager and a development scientist to add impetus to our product development.

Recruitment and additional staffing costs mean that whilst we expect sales to grow in 2023 the additional investment will impact on profitability in 2023, but will form a much stronger platform to deliver growth and shareholder value in the medium and longer term.

[m4rtinu] 28/6/2023 09:32

Results. Odd reporting period of c. 13 months. Why not 9? Loss £200k+.