A 
5.70p
+9.62%
Close of 9 Nov 2026, in pence
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in GBP, from our data supplier.
Revenue
£30.1m
FY2017FY2026
Net income
−£10.7m
FY2017FY2026
Free cash flow
−£4.0m
FY2017FY2026
Shareholders' equity
£23.3m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £30.1m | £23.8m | £18.0m | £9.8m | £13.6m | £5.0m | £69,032 | £26,782 | £17,826 | £37,976 |
| Operating income | −£73,677 | −£3.9m | −£8.1m | −£8.3m | £699,618 | −£5.6m | −£1.8m | −£1.1m | −£1.6m | −£226,965 |
| Net income | −£10.7m | −£9.8m | −£8.4m | −£7.8m | −£815,645 | −£5.7m | −£1.8m | −£1.1m | −£1.5m | −£228,216 |
| Diluted earnings per share | -0.00 | -0.01 | -0.01 | -0.16 | -0.02 | -0.12 | -0.04 | -0.03 | -0.05 | -0.01 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £88.2m | £69.6m | £66.2m | £47.5m | £37.1m | £22.4m | £21.4m | £15.1m | £9.9m | £7.9m |
| Cash and short-term investments | £8.9m | £2.7m | £14.5m | £8.2m | £7.4m | £1.4m | £574,600 | £1.8m | £2.9m | £24,197 |
| Total liabilities | £62.7m | £45.9m | £34.1m | £11.8m | £9.6m | £5.9m | £2.4m | £454,630 | £516,107 | £7.1m |
| Debt | £20.3m | £22.2m | £14.7m | £7.2m | £5.5m | £4.3m | £1.5m | — | — | £6.9m |
| Shareholders' equity | £23.3m | £23.7m | £32.6m | £35.8m | £27.3m | £16.6m | £19.0m | £14.6m | £9.3m | £750,376 |
| Shares outstanding | 2,270m | 1,730m | 1,539m | 48m | 48m | 46m | 41m | 38m | 34m | 33m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £2.9m | −£4.0m | −£3.7m | −£4.9m | £569,064 | −£1.5m | −£1.3m | −£1.4m | −£667,062 | −£1.3m |
| Capital spending | −£6.9m | −£14.9m | −£15.1m | −£13.3m | −£6.0m | −£3.0m | −£7.2m | −£4.9m | −£515,838 | −£25,996 |
| Free cash flow | −£4.0m | −£18.9m | −£18.9m | −£18.2m | −£5.4m | −£4.5m | −£8.4m | −£6.3m | −£1.2m | −£1.3m |
Latest quarters
By quarter end
| Aug 2026 | Feb 2026 | Aug 2025 | Feb 2025 | Aug 2024 | Feb 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £20.6m | £17.9m | £12.2m | £13.0m | £10.8m | £9.1m | £58.7m | £38.4m |
| Operating income | £2.4m | −£4.3m | −£1.9m | −£4.3m | −£2.4m | −£5.9m | £3.3m | −£26.2m |
| Net income | £2.5m | −£7.7m | −£3.0m | −£6.6m | −£3.2m | −£5.7m | £138.5m | −£18.5m |
| Diluted earnings per share | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 2.89 | -0.39 |
| Cash from operations | £3.0m | £3.0m | — | −£2.0m | −£1.0m | −£3.0m | £16.0m | — |
| Capital spending | −£6.0m | −£3.0m | −£3.0m | −£5.0m | −£9.0m | −£7.0m | −£7.0m | — |
| Free cash flow | −£3.0m | £0 | — | −£7.0m | −£10.0m | −£10.0m | £9.0m | — |
| Total assets | £98.5m | £88.2m | £69.1m | £69.6m | £66.9m | £66.2m | £657.2m | — |
| Cash and short-term investments | £15.6m | £8.9m | £1.6m | £2.7m | £6.1m | £14.5m | £24.8m | — |
| Debt | £12.0m | £20.2m | £20.9m | £21.9m | £18.0m | £14.2m | — | — |
| Shareholders' equity | £34.2m | £23.3m | £25.5m | £23.7m | £29.5m | £32.6m | £502.4m | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 45.2% | 43.3% | 103.6% |
| Operating income | -79.3% | -58.0% | — |
| Net income | 11.3% | 13.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -7.4% | -25.1% | -25.3% | -29.9% |
| Net margin | -38.0% | -44.9% | -43.0% | -47.5% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.9 | -6.2 | -3.9 | -0.3 | -3.4 | -0.5 | -0.6 | -1.1 | -0.7 | -3.6 |
| Price to sales | 4.2 | 2.5 | 1.9 | 0.3 | 0.2 | 0.6 | 14.6 | 42.2 | 63.5 | 21.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.