S8 Ep16: Midweek Takeaway with featuring Tim McCarthy, Chairman of Incanthera PLC (AQSE:INC) #INC

Phil Carroll and Kevin Hornsby are joined by Tim McCarthy, Chairman of Incanthera.

In this episode, we dive into a significant update from Incanthera on the launch of its Skin + CELL skincare line with Marionnaud in Switzerland and Austria. The initial production order of 25,000 units has impressively doubled twice to 100,000 units, boosting expected revenues from £2 million to approximately £4 million. With high demand and planned European and Asian rollouts, further orders are expected to drive revenues to exceed £10 million for the financial year ending March 31, 2025. Additionally, Incanthera has raised £4.1 million through an institutional investor-led subscription and share sale at 15p per share to support the increased production schedule. The company has also scheduled a General Meeting on June 20, 2024, to approve the necessary share authorities.

Tune in for an in-depth discussion on these exciting developments and what they mean for the future of Incanthera.

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