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Close of 9 Nov 2026, in pence
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in USD, from our data supplier.
Revenue
$37.3m
FY2015FY2025
Net income
$1.2m
FY2015FY2025
Free cash flow
−$497,000
FY2015FY2025
Shareholders' equity
$15.2m
FY2015FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.3m | $30.2m | $25.4m | $11.9m | $7.7m | $8.3m | $2.9m | $6.1m | $4.3m | $4.5m |
| Research and development | — | — | $336,000 | $372,000 | $92,000 | — | — | — | — | — |
| Operating income | $975,000 | $470,000 | $426,500 | $150,000 | −$1.2m | −$2.1m | −$2.4m | $446,000 | $139,000 | −$119,000 |
| Net income | $1.2m | $877,000 | $528,100 | $97,000 | −$1.2m | −$5.7m | −$2.5m | $125,000 | $73,000 | −$1.2m |
| Diluted earnings per share | 0.02 | 0.01 | 0.01 | 0.00 | -0.02 | -0.08 | -0.04 | 0.00 | 0.00 | -0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $21.8m | $18.3m | $18.8m | $11.3m | $11.1m | $13.3m | $5.8m | $7.1m | $3.0m | $3.0m |
| Cash and short-term investments | $676,000 | $1.5m | $1.6m | $902,000 | $2.1m | $2.4m | $420,000 | $2.0m | $741,000 | $366,000 |
| Total liabilities | $6.5m | $4.8m | $6.0m | $3.2m | $3.3m | $4.2m | $1.5m | $2.6m | $1.7m | $2.0m |
| Debt | $238,000 | $484,000 | $762,300 | $690,000 | $665,000 | — | — | — | — | — |
| Shareholders' equity | $15.2m | $13.5m | $12.8m | $8.1m | $7.8m | $9.1m | $4.2m | $4.4m | $1.3m | $993,000 |
| Shares outstanding | 73m | 73m | 71m | 71m | 70m | 68m | 54m | 51m | 47m | 43m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $2.0m | $2.7m | $2.1m | −$227,000 | $90,000 | −$2.2m | −$2.1m | −$318,000 | $459,000 | −$698,000 |
| Capital spending | −$2.5m | −$2.3m | −$1.5m | −$852,000 | −$659,000 | −$969,000 | −$1.1m | −$647,000 | −$289,000 | −$216,000 |
| Free cash flow | −$497,000 | $422,000 | $602,500 | −$1.1m | −$569,000 | −$3.2m | −$3.1m | −$965,000 | $170,000 | −$914,000 |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.6m | $19.0m | $18.3m | $15.4m | $11.8m | $5.9m | $11.1m | $5.5m |
| Operating income | $288,000 | $782,900 | $203,000 | $319,000 | $120,000 | $50,000 | $345,000 | $154,000 |
| Net income | −$545,000 | $1.1m | $82,000 | $816,600 | $48,000 | $24,000 | $463,000 | $232,000 |
| Diluted earnings per share | -0.01 | 0.02 | 0.00 | 0.01 | 0.00 | — | 0.01 | 0.00 |
| Total assets | $24.8m | $21.8m | $21.2m | $18.3m | $14.4m | $14.4m | $13.9m | $13.9m |
| Cash and short-term investments | $675,000 | $676,000 | $419,000 | $1.5m | $441,000 | $441,000 | $1.2m | $1.2m |
| Debt | $3.3m | $50,000 | $1.4m | $242,000 | $738,000 | $525,000 | $386,000 | $386,000 |
| Shareholders' equity | $15.1m | $15.2m | $14.0m | $13.5m | $9.9m | $9.9m | $9.4m | $9.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 46.1% | 35.0% | 23.7% |
| Operating income | 86.6% | — | — |
| Net income | 130.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.1% | 1.9% | -1.1% | -3.4% |
| Net margin | 3.1% | 2.6% | -3.5% | -6.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.9 | 30.4 | 55.0 | 311.5 | -19.8 | -2.5 | -12.3 | 239.2 | 491.8 | -2.8 |
| Price to sales | 0.5 | 0.9 | 1.1 | 2.5 | 3.1 | 1.7 | 10.8 | 4.9 | 8.3 | 0.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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