Modulight
Modulight receives order worth 0.5 MEUR (Inderes)
2024-12-20 07:24
Translation: Original published in Finnish on 12/20/2024 at 7:22 am EET. Modulight announced on Thursday that it has received an order worth 0.5 MEUR from a customer in the field of next-generation therapeutics. Delivery of the order is scheduled for the second half of 2025 and the first half of 2026. This order will contribute to the strong growth we expect for Modulight in the coming years. This year, we forecast revenue to amount to 3.9 MEUR, but to increase to 7.7 MEUR (+100%) and 10.6 MEUR (+38%) in 2025-2026. In November, the company announced new contracts with a minimum value of 1.5 MEUR for the next two years. Thus, Modulight's revenue development in the coming years has recently gained a notch more visibility with the new agreements.
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