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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
$3.0m
FY2016FY2025
Net income
−$4.3m
FY2016FY2025
Free cash flow
−$2.0m
FY2016FY2025
Shareholders' equity
$18.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0m | $820,000 | $351,000 | $201,000 | $46,000 | $64,000 | $769,000 | $591,000 | $210,000 | $18.9m |
| Operating income | −$3.4m | −$10.9m | −$5.9m | −$2.9m | −$2.1m | −$3.2m | −$16.8m | −$18.4m | −$9.9m | $10.9m |
| Net income | −$4.3m | −$10.9m | −$5.9m | −$2.9m | −$2.1m | −$3.2m | −$16.8m | −$18.4m | −$9.9m | $10.9m |
| Diluted earnings per share | -0.00 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.03 | -0.03 | -0.03 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $21.6m | $20.9m | $21.4m | $21.1m | $24.1m | $16.9m | $20.3m | $37.3m | $24.5m | $28.2m |
| Cash and short-term investments | $3.1m | $3.0m | $4.0m | $2.5m | $8.2m | $950,000 | $4.3m | $21.3m | $8.1m | $6.5m |
| Total liabilities | $2.8m | $1.6m | $348,000 | $456,000 | $377,000 | $389,000 | $502,000 | $1.3m | $3.4m | $1.4m |
| Debt | $116,042 | $109,000 | — | — | $6,000 | $25,000 | $1.5m | $19.2m | $3.0m | — |
| Shareholders' equity | $18.8m | $19.2m | $21.1m | $20.6m | $23.7m | $16.5m | $19.8m | $36.0m | $21.1m | $26.9m |
| Shares outstanding | 1,911m | 1,485m | 1,114m | 838m | 871m | 678m | 662m | 661m | 327m | 288m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$1.7m | −$9.8m | −$3.5m | −$2.7m | −$2.4m | −$3.3m | −$16.8m | −$19.6m | −$2.5m | $1.8m |
| Capital spending | −$327,738 | −$344,000 | −$28,000 | −$212,000 | −$16,000 | −$13,000 | −$105,000 | −$65,000 | −$81,000 | −$676,000 |
| Free cash flow | −$2.0m | −$10.1m | −$3.5m | −$2.9m | −$2.4m | −$3.3m | −$16.9m | −$19.7m | −$2.6m | $1.1m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7m | $1.5m | $1.4m | $627,000 | — | — | $5,000 | $2,500 |
| Operating income | −$343,095 | −$1.7m | $140,000 | −$6.0m | −$2.7m | −$467,500 | −$3.4m | −$1.7m |
| Net income | −$578,361 | −$2.6m | −$1.7m | −$8.4m | −$2.6m | −$1.3m | −$4.0m | −$2.0m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 |
| Cash from operations | — | — | — | −$7.0m | −$2.0m | −$1.0m | −$3.0m | −$1.0m |
| Total assets | $22.2m | $21.6m | $19.8m | $20.9m | $19.0m | $19.0m | $21.4m | $21.4m |
| Cash and short-term investments | $2.2m | $3.1m | $2.4m | $3.0m | $1.9m | $1.9m | $4.0m | $4.0m |
| Debt | $40,206 | $116,042 | $38,067 | $109,000 | — | — | — | — |
| Shareholders' equity | $18.4m | $18.8m | $17.6m | $19.2m | $18.7m | $18.7m | $21.1m | $21.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 145.7% | 115.6% | -12.8% |
| Operating income | 4.9% | 0.9% | 33.4% |
| Net income | 13.6% | 5.9% | 36.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -376.5% | -532.6% | -639.6% | -171.9% |
| Net margin | -400.6% | -553.7% | -660.1% | -174.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.5 | -2.8 | -6.3 | -10.6 | -10.6 | -4.5 | -0.8 | -0.4 | -1.2 | 0.6 |
| Price to sales | 9.4 | 37.6 | 107.0 | 154.9 | 486.4 | 226.5 | 16.7 | 13.0 | 55.3 | 0.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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