Bioventix recent capital expenditure
Posted: December 23rd, 2020, 4:47 pm
Hi folks,
Wondered if anyone on here has a holding in Bioventix (The "Sheep Monoclonal Antibody" company BVXP). I have recently added their AR2020 figures to my analysis spreadsheet for them. There wasn't anything particularly concerning there and they are still growing FCF and earnings.
What I did notice was a bump in their capex, and wondered what had caused this. Here are the figures:
Although the firm is fairly unique (just a single premise, staff of about 12, and a Market Cap of almost £230M), and in the scheme of things the £340K capex is reasonably small, I wondered whether there an explanation since it's a lot higher than their average. There is certainly nothing noteworthy in
https://www.investegate.co.uk/Index.asp ... words=bvxp
the 2020 reporting period. I suspected it may be towards a new premise (I haven't got a clue how much buildings staffing between 12-30 people in Farnham cost!), but googles for "bioventix new building" reveal nothing.
Anyone on TLF know any gossip?
Matt
Wondered if anyone on here has a holding in Bioventix (The "Sheep Monoclonal Antibody" company BVXP). I have recently added their AR2020 figures to my analysis spreadsheet for them. There wasn't anything particularly concerning there and they are still growing FCF and earnings.
What I did notice was a bump in their capex, and wondered what had caused this. Here are the figures:
Although the firm is fairly unique (just a single premise, staff of about 12, and a Market Cap of almost £230M), and in the scheme of things the £340K capex is reasonably small, I wondered whether there an explanation since it's a lot higher than their average. There is certainly nothing noteworthy in
https://www.investegate.co.uk/Index.asp ... words=bvxp
the 2020 reporting period. I suspected it may be towards a new premise (I haven't got a clue how much buildings staffing between 12-30 people in Farnham cost!), but googles for "bioventix new building" reveal nothing.
Anyone on TLF know any gossip?
Matt