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Itaconix expects first profitable year in 2026 with $13.3M revenue and positive EBITDA forecast.

Company Fundamentals
24 Mar 2026
Proactive Investors - Finance
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Bullish
pluang ai news

Itaconix PLC, a plant-based polymer company, started 2026 strong and forecasts its first profitable year with revenues of $13.3 million and adjusted EBITDA of $300,000. The company had a record 2025, with revenues rising 61% to $10.5 million and gross profit exceeding $3 million. Losses narrowed significantly, and the company ended 2025 with a strong cash position of $4.4 million. Itaconix's growth is driven by new detergent formulations and an ecommerce platform launch, positioning it well for continued expansion despite geopolitical challenges.

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