- Agronomics Limited (AGNMF, Financial) reports a 2.8% decline in Net Asset Value (NAV) to 14.40 pence per share as of June 30, 2025.
- Total Net Assets valued at £145.3 million, with significant unrealized FX losses impacting NAV.
- Key portfolio partnerships secured with global food manufacturers, enhancing commercial growth prospects.
Agronomics Limited (AGNMF), a leader in the clean food investment sector, announced an unaudited Net Asset Value (NAV) per share of 14.40 pence as of June 30, 2025. This marks a 2.8% decrease from March 2025. The company reported total Net Assets of £145.3 million, comprising £141.8 million in investments and £3.6 million in cash.
The decline in NAV, amounting to roughly £4.1 million for the quarter, was primarily due to an unrealized foreign exchange (FX) loss of £4.2 million. This loss resulted from adverse currency movements against the British Pound, with the company's investments held in USD, EUR, and AUD.
Despite the FX impact, Agronomics' portfolio companies achieved significant milestones. Notably, BlueNalu expanded its partnership with Nomad Foods to commercialize cell-cultivated seafood in Europe. Similarly, Liberation Bioindustries entered a strategic partnership with NEOM to develop a precision-fermentation facility in Saudi Arabia. Additionally, Meatable collaborated with TruMeat to advance the commercialization of cultivated meat.
The company's stock traded at a 51% discount to NAV as of June 30, 2025, with an average discount of 64% over the previous 12 months. Agronomics continues to focus on sustainable food technology investments, reflecting the growing demand for innovative solutions in the global food system.
