NEU 4.44% $21.64 neuren pharmaceuticals limited

Ann: Neuren reports 2023 half-year profit after tax of $48m, page-2

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    Neu has recorded its First half year profit after tax of $47.8m AUD!!

    Valuation based on this half year revenue gives NEU EPS .38 x P/E 70 (industry average) = $26.6 p/sh

    Cash on hand $224m with further revenues from royalties to flow, likely to be a further $17-$20m

    Additional revenues;

    -PRV $51 AUD
    -ROW 1st sales combined $64m AUD
    A further $115m AUD likely in the next 6 months Assuming ROW launch and PRV is sold within that timeframe.

    EOFY 2023 NEU could have $330m on hand!!


 
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