Itaconix (ITX) Trading update summary

Financial performance

• Achieved record annual revenues of $10.3 million in FY 2025, a 59% increase year-on-year.

• Delivered a third consecutive record half year, with H2 2025 revenues of $5.5 million.

• Revenue growth was broad-based, spanning both existing and new customers across major applications and geographies.

Market and operational momentum

• Demand for patented plant-based polymers strengthened as global manufacturers adopted sustainable, high-performance ingredients.

• Increased commercial traction enabled further investment in demand generation and support for 2026.

Outlook and strategic positioning

• Entering 2026 with a strong financial position, scalable and capital-efficient operating model, and a growing customer pipeline.

• Board remains optimistic about continued revenue growth and long-term value creation.