I 
0.01p
-2.04%
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
£267,000
FY2015FY2024
Net income
−£1.4m
FY2015FY2024
Free cash flow
−£1.5m
FY2015FY2024
Shareholders' equity
£19.8m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £267,000 | £103,000 | — | — | — | — | — | — | — | — |
| Gross profit | £262,000 | £74,000 | −£1,000 | −£2,000 | −£2,000 | −£3,000 | −£2,000 | −£6,000 | −£8,000 | — |
| Operating income | −£1.1m | −£1.2m | −£798,000 | −£783,000 | −£695,000 | −£629,000 | −£570,000 | −£553,000 | −£494,000 | −£520,000 |
| Net income | −£1.4m | −£435,000 | −£806,000 | −£145,000 | −£1.3m | −£624,000 | −£535,000 | −£737,000 | −£584,000 | −£828,000 |
| Diluted earnings per share | -0.02 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £35.7m | £31.5m | £26.6m | £26.6m | £23.7m | £28.5m | £27.3m | £28.3m | £21.9m | £23.2m |
| Cash and short-term investments | £4,000 | £19,000 | £17,000 | £270,000 | £28,000 | £566,000 | £517,000 | £788,000 | £113,000 | £1.4m |
| Total liabilities | £13.1m | £9.3m | £5.8m | £5.0m | £5.4m | £5.9m | £5.6m | £6.8m | £5.9m | £7.4m |
| Debt | £607,000 | £37,000 | £499,000 | — | £210,000 | — | — | £889,000 | £992,000 | £1.1m |
| Shareholders' equity | £19.8m | £19.4m | £17.4m | £18.2m | £15.2m | £19.0m | £18.0m | £17.6m | £12.7m | £12.8m |
| Shares outstanding | 61m | 3,666m | 2,629m | 1,316m | 714m | 655m | 530m | 530m | 360m | 327m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£334,000 | −£641,000 | −£337,000 | −£642,000 | −£397,000 | −£420,000 | −£362,000 | −£641,000 | −£470,000 | −£286,000 |
| Capital spending | −£1.2m | −£4.8m | −£397,000 | −£493,000 | −£555,000 | −£938,000 | −£1.3m | −£915,000 | −£825,000 | −£841,000 |
| Free cash flow | −£1.5m | −£5.5m | −£734,000 | −£1.1m | −£952,000 | −£1.4m | −£1.6m | −£1.6m | −£1.3m | −£1.1m |
Latest quarters
By quarter end
| Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | Jun 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | −£173,000 | £440,000 | £103,000 | — | — | — | — |
| Gross profit | −£9,000 | −£24,000 | £286,000 | £74,000 | −£6,000 | — | −£1,000 | −£1,000 |
| Operating income | −£635,000 | −£778,000 | −£363,000 | −£655,000 | −£581,000 | −£414,000 | −£384,000 | −£325,000 |
| Net income | −£660,000 | −£866,000 | −£539,000 | £85,000 | −£520,000 | −£427,000 | −£379,000 | −£383,000 |
| Diluted earnings per share | -0.01 | -0.01 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Cash from operations | — | −£1.0m | £1.0m | — | — | — | — | — |
| Capital spending | — | −£1.0m | −£2.0m | −£2.0m | −£2.0m | — | — | — |
| Free cash flow | — | −£2.0m | −£1.0m | — | — | — | — | — |
| Total assets | £36.9m | £35.7m | £35.2m | £31.5m | £29.1m | £26.6m | £24.4m | £26.6m |
| Cash and short-term investments | £1.3m | £4,000 | £32,000 | £19,000 | £779,000 | £17,000 | £24,000 | £270,000 |
| Debt | £12,000 | £581,000 | £272,000 | £10,000 | — | £499,000 | £60,000 | — |
| Shareholders' equity | £21.9m | £19.8m | £20.5m | £19.4m | £20.7m | £17.4m | £16.3m | £18.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 13.4% | 12.6% | 5.6% |
| Net income | 113.2% | 17.6% | 4.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 90.8% | — | — | — |
| Operating margin | -642.4% | — | — | — |
| Net margin | -497.3% | — | — | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | — | -2.6 | -1.6 | -14.2 | -0.5 | -0.8 | -1.1 | -1.0 | -1.7 | -1.4 |
| Price to sales | 0.0 | 11.1 | — | — | — | — | — | — | — | — |
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.