Report
Maria Vara

ONWARD: reports FY 2023, all focus set on ARC-EX US launch in H2 2024

ONWARD reported FY 2023 results with a cash position amounting to EUR 29.8m (FY 2022 EUR 61.8m) by YE 2023 and a net loss of EUR 36.2m (EUR 32.8m), which increase is given by the lower grant income (EUR 0.5m in 2023 vs. 2.1m in 2022) and slightly higher OpEx, mainly driven by R&D. Following the
Underlying
ONWARD OPPORTUNITIES LIMITED

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Maria Vara

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