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Incanthera chairman discusses major production order boost [Video]

Incanthera chairman discusses major production order boost

Incanthera PLC (AQSE:INC) chairman Tim McCarthy speaks to Proactive’s Stephen Gunnion about a second significant production order for 250,000 units of its Skin + CELL skincare care from Marionnaud, following earlier orders that have doubled multiple times. He emphasised the importance of this order for the company’s September launch in Europe, specifically in Switzerland and Austria.

McCarthy discussed the potential for expansion into the Asian market, underlining the strategic importance for Incanthera and its partners. He also highlighted the updated revenue projections from Stanford Capital, indicating an increase from £10 million to nearly £12 million for the financial year ending March 2025.

He also explained the company’s financial strategy to avoid diluting shareholder equity by leveraging non-dilutive trade finance and recirculating revenue to support inventory growth. This approach aims to capitalise on Incanthera’s scalable business model.

McCarthy concluded by expressing confidence in meeting and potentially exceeding the revised revenue targets, driven by strong cash flow and strategic inventory management.

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