Investment
Features
FeesSafety
Academy
More
Pluang+

Itaconix plans to double revenues to $30M, reports 72% H1 revenue growth and break-even EBITDA.

Company Fundamentals
08 Sep 2026
Proactive Investors
View Source
Bullish
Itaconix plans to double revenues to $30M, reports 72% H1 revenue growth and break-even EBITDA.

Itaconix PLC, a maker of plant-based specialty polymers for detergents, plans to more than double its revenues to $30 million in the medium term by expanding sales with existing customers and new accounts. The company reiterated its guidance for at least $14.8 million in revenue and a small positive EBITDA for the full year. In the first half of 2026, Itaconix reported a 72% revenue increase to $8.3 million and achieved break-even adjusted EBITDA, up from a loss last year. Growth was driven by strong demand in unit-dose detergents and new customers in EMEA and North America, with further long-term potential in paints and agriculture.

More News

Bitcoin dips 1.93% to $78,788 as ETFs see $161M inflows; traders eye $80K resistance level.

Bitcoin dips 1.93% to $78,788 as ETFs see $161M inflows; traders eye $80K resistance level.

Bitcoin's price dropped 1.93% to $78,788 but remains above key moving averages, signaling ongoing strength. The 14-day RSI at 61.50 shows positive yet cooling momentum as Bitcoin consolidates below the $80,000 resistance level. Bitcoin ETFs attracted...

Market News
Bullish
4 hours ago
Ethereum aims for quantum-resistant base layer by December 2029 to secure future blockchain safety.

Ethereum aims for quantum-resistant base layer by December 2029 to secure future blockchain safety.

The Ethereum Foundation’s Protocol cluster has set a firm deadline of December 2029 to make Ethereum’s base layer quantum-resistant across execution, consensus, and data layers. This move anticipates the arrival of quantum computers capable of breaki...

Protocol Fundamentals
Bullish
4 hours ago
Solana sees $348M inflows in tokenized real-world assets, reaching $720M total value.

Solana sees $348M inflows in tokenized real-world assets, reaching $720M total value.

Solana has attracted $348 million in net inflows of tokenized real-world assets (RWA) over the past 30 days, bringing its total RWA value to $720 million. These inflows represent capital moving into tokenized products like Treasuries and credit pools...

Protocol Fundamentals
Bullish
4 hours ago
Sandisk grows fast, trades at 10x forward free cash flow, with strong cash returns to shareholders.

Sandisk grows fast, trades at 10x forward free cash flow, with strong cash returns to shareholders.

Sandisk is expanding rapidly and is valued at just 10 times its forward free cash flow, signaling potential for significant gains. The company expects to generate around $24 billion in free cash flow by fiscal 2027 and plans to return all excess cash...

Market News
Bullish
4 hours ago
XRP open interest drops 14% after $14.2M liquidations; XRPL assets surge ahead of Senate CLARITY Act vote

XRP open interest drops 14% after $14.2M liquidations; XRPL assets surge ahead of Senate CLARITY Act vote

XRP experienced a 14% decline in open interest, falling from $558 million to $478 million, following $14.2 million in two-way liquidations that affected both long and short traders. Funding rates turned negative, ending a 14-session streak of positiv...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App