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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 GBP, from our data supplier.
Revenue
£14.9m
FY2016FY2025
Net income
−£406,000
FY2016FY2025
Free cash flow
£911,000
FY2016FY2025
Shareholders' equity
£6.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £14.9m | £12.0m | £9.4m | £10.9m | £13.6m | £13.0m | £15.7m | £20.0m | £15.6m | £15.3m |
| Gross profit | £6.0m | £5.4m | £4.8m | £5.0m | £5.5m | £3.7m | £3.9m | £6.3m | £6.0m | £5.6m |
| Research and development | £38,000 | £37,000 | £19,000 | £140,000 | £536,000 | £913,000 | £690,000 | £687,000 | £788,000 | £453,000 |
| Operating income | −£446,000 | −£1.3m | −£1.2m | £219,000 | £562,000 | −£720,000 | −£1.4m | £677,000 | £883,000 | £1.1m |
| Net income | −£406,000 | −£1.1m | −£1.1m | £524,000 | £865,000 | −£583,000 | −£193,000 | £693,000 | £1.2m | £910,000 |
| Diluted earnings per share | -0.01 | -0.02 | -0.02 | 0.01 | 0.01 | -0.01 | -0.00 | 0.01 | 0.02 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £12.5m | £13.2m | £10.7m | £12.0m | £11.9m | £13.9m | £14.2m | £14.2m | £12.1m | £9.5m |
| Cash and short-term investments | £12,000 | £168,000 | £1.2m | £2.0m | £2.3m | £2.2m | £827,000 | £2.1m | £1.3m | £2.3m |
| Total liabilities | £6.5m | £6.9m | £3.5m | £3.7m | £4.2m | £7.0m | £6.7m | £6.6m | £4.9m | £5.3m |
| Debt | £2.4m | £2.6m | £732,000 | £339,000 | £767,000 | £1.0m | £1.4m | £1.2m | £38,000 | £1.5m |
| Shareholders' equity | £6.0m | £6.4m | £7.2m | £8.2m | £7.7m | £6.9m | £7.5m | £7.6m | £7.2m | £4.2m |
| Shares outstanding | 59m | 61m | 57m | 58m | 60m | 58m | 57m | 59m | 59m | 56m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £1.2m | £194,000 | £4,000 | £571,000 | £727,000 | £2.4m | £90,000 | £2.6m | £539,000 | £998,000 |
| Capital spending | −£335,000 | −£558,000 | −£533,000 | −£318,000 | −£135,000 | −£554,000 | −£964,000 | −£325,000 | −£509,000 | −£266,000 |
| Free cash flow | £911,000 | −£364,000 | −£529,000 | £253,000 | £592,000 | £1.8m | −£874,000 | £2.2m | £30,000 | £732,000 |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £7.7m | £7.1m | £7.9m | £7.6m | £4.4m | £5.0m | £4.4m | £5.4m |
| Gross profit | £3.7m | £2.9m | £3.8m | £3.0m | £2.2m | £2.7m | £1.8m | £2.5m |
| Operating income | £14,000 | −£250,000 | −£185,000 | −£308,000 | −£878,000 | −£696,000 | −£489,000 | £100,000 |
| Net income | −£93,000 | −£94,000 | −£312,000 | −£199,000 | −£928,000 | −£749,000 | −£301,000 | £423,000 |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.00 | -0.02 | -0.01 | -0.01 | 0.01 |
| Total assets | £12.5m | £12.5m | £12.7m | £13.2m | £12.8m | £10.7m | £10.7m | £12.0m |
| Cash and short-term investments | — | £12,000 | £205,000 | £168,000 | £199,000 | £1.2m | £1.8m | £2.0m |
| Debt | £1.5m | £1.7m | £1.8m | £2.0m | £1.0m | £221,000 | £53,000 | £234,000 |
| Shareholders' equity | £5.9m | £6.0m | £6.1m | £6.4m | £6.6m | £7.2m | £7.9m | £8.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.2% | 2.8% | 1.3% |
| Operating income | — | -9.1% | — |
| Net income | — | -7.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.4% | 44.7% | 41.1% | 37.0% |
| Operating margin | -6.4% | -5.7% | -3.9% | -0.4% |
| Net margin | -5.7% | -4.4% | -2.4% | 1.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -14.8 | -4.4 | -2.1 | 6.0 | 4.3 | -7.2 | -24.2 | 12.6 | 5.8 | 9.4 |
| Price to sales | 0.4 | 0.4 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10000-to-100 reverse split · 1 Jul 2011
- 10-to-1 reverse split · 26 Feb 2001
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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