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0.28p
+3.70%
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
$3.0m
FY2014FY2025
Net income
−$2.2m
FY2014FY2025
Free cash flow
−$2.8m
FY2014FY2025
Shareholders' equity
$8.5m
FY2014FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0m | $1.6m | $443,000 | $47,000 | $3.4m | $4.6m | $6.7m | $16,000 | $26,000 | $52,000 |
| Operating income | −$1.3m | −$862,000 | −$886,000 | −$723,000 | −$352,000 | −$241,000 | −$13,000 | −$1.8m | −$2.2m | −$3.7m |
| Net income | −$2.2m | −$1.2m | −$1.6m | −$1.4m | −$490,000 | −$275,000 | −$385,000 | −$1.6m | −$1.9m | −$3.4m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.02 | -0.08 | -0.40 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $47.0m | $7.8m | $6.7m | $8.2m | $4.6m | $2.6m | $4.1m | $1.9m | $1.7m | $2.0m |
| Cash and short-term investments | $4.2m | $2.6m | $4.3m | $5.1m | $1.7m | $561,000 | $871,000 | $376,000 | $13,000 | $881,000 |
| Total liabilities | $38.5m | $2.5m | $2.8m | $2.2m | $2.8m | $736,000 | $1.7m | −$588,000 | −$266,000 | $1.6m |
| Debt | $126,000 | $212,000 | $381,000 | $1.3m | $1.8m | $117,000 | — | $12,000 | $13,000 | $1.0m |
| Shareholders' equity | $8.5m | $5.3m | $3.9m | $6.0m | $1.8m | $1.9m | $2.3m | $2.5m | $2.0m | $375,000 |
| Shares outstanding | 2,034m | 1,851m | 1,563m | 1,355m | 1,028m | 669m | 669m | 78m | 23m | 9m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$1.9m | −$3.0m | $2.1m | −$1.9m | −$915,000 | −$247,000 | −$455,000 | −$1.8m | −$1.6m | −$3.3m |
| Capital spending | −$869,000 | −$2.1m | −$2.0m | −$197,000 | −$160,000 | −$232,000 | −$76,000 | −$39,000 | −$991,000 | −$208,000 |
| Free cash flow | −$2.8m | −$5.1m | $157,000 | −$2.1m | −$1.1m | −$479,000 | −$531,000 | −$1.9m | −$2.6m | −$3.6m |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Sept 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4m | $730,000 | $2.2m | $1.3m | $258,000 | $443,000 | $1.8m | $924,000 |
| Operating income | −$508,000 | −$1.3m | −$85,000 | −$96,000 | −$766,000 | −$1.1m | −$1.1m | −$533,000 |
| Net income | −$303,000 | −$2.1m | −$46,000 | −$499,000 | −$737,000 | −$1.6m | −$1.2m | −$576,000 |
| Diluted earnings per share | -0.00 | -0.00 | — | -0.00 | -0.00 | -0.00 | -0.00 | — |
| Cash from operations | −$1.0m | −$1.0m | — | — | −$2.0m | $2.0m | — | — |
| Capital spending | −$1.0m | — | — | −$2.0m | — | −$1.0m | — | — |
| Free cash flow | −$2.0m | — | — | — | — | $1.0m | — | — |
| Total assets | $54.8m | $47.0m | $7.8m | $7.8m | $4.6m | $6.7m | $7.2m | $7.2m |
| Cash and short-term investments | $3.9m | $4.2m | $2.9m | $2.6m | $2.2m | $4.3m | $3.3m | $3.3m |
| Debt | $86,000 | $89,000 | $145,000 | $143,000 | — | $41,000 | $666,000 | $666,000 |
| Shareholders' equity | $10.3m | $8.5m | $7.1m | $5.3m | $4.4m | $3.9m | $4.3m | $4.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 298.0% | -8.2% | — |
| Operating income | 22.7% | 40.9% | — |
| Net income | 15.4% | 51.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -48.6% | -76.0% | -33.9% | — |
| Net margin | -75.9% | -129.6% | -55.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -5.7 | -57.2 | -17.7 | -10.0 | -65.5 | -4.8 | -4.0 |
| Price to sales | 4.2 | 45.5 | 65.0 | 304.6 | 9.4 | 0.3 | 0.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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