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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
£499,400
FY2015FY2024
Net income
−£4.7m
FY2015FY2024
Free cash flow
−£3.1m
FY2015FY2024
Shareholders' equity
£4.4m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £499,400 | £181,000 | £380,300 | £701,400 | £100,000 | — | — | — | — | — |
| Research and development | £1.4m | £1.4m | £431,200 | £585,200 | — | — | — | — | — | — |
| Operating income | −£2.5m | −£2.6m | −£3.2m | −£2.0m | −£1.5m | −£1.7m | −£2.5m | −£1.8m | −£851,900 | −£397,000 |
| Net income | −£4.7m | −£1.4m | −£46.2m | −£1.9m | −£15.8m | −£1.5m | −£2.4m | −£1.9m | −£1.3m | −£781,700 |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -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 | £4.9m | £9.1m | £9.1m | £55.6m | £47.4m | £476,700 | £1.1m | £841,300 | £156,900 | £177,200 |
| Cash and short-term investments | £1.3m | £4.3m | £5.9m | £9.6m | £3.5m | £103,600 | £840,700 | £750,200 | £148,200 | £175,800 |
| Total liabilities | £534,200 | £628,700 | £279,300 | £563,800 | £532,700 | £489,700 | £247,100 | £1.6m | £3.4m | £3.1m |
| Debt | £206,200 | £155,400 | — | £23,500 | £47,300 | — | — | £1.4m | £3.3m | £2.9m |
| Shareholders' equity | £4.4m | £8.5m | £8.9m | £55.1m | £46.9m | −£13,000 | £804,100 | −£801,700 | −£3.2m | −£3.0m |
| Shares outstanding | 4,194m | 4,025m | 3,957m | 3,918m | 2,782m | 1,901m | 1,542m | 975m | 551m | 390m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£2.0m | −£1.7m | −£2.7m | −£2.6m | −£1.8m | −£719,900 | −£1.9m | −£1.5m | −£637,200 | −£428,700 |
| Capital spending | −£1.1m | −£719,600 | −£118,500 | −£48,900 | −£51,100 | −£16,500 | −£300 | −£1,000 | −£2,400 | — |
| Free cash flow | −£3.1m | −£2.4m | −£2.8m | −£2.6m | −£1.8m | −£736,400 | −£1.9m | −£1.5m | −£639,600 | −£428,700 |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £474,900 | £113,700 | £385,700 | £181,000 | — | — | £27,600 | £14,000 |
| Operating income | −£1.8m | −£1.3m | −£1.2m | −£498,800 | −£1.3m | −£674,000 | −£2.0m | −£603,000 |
| Net income | −£1.8m | −£3.5m | −£1.2m | −£851,100 | −£580,000 | −£288,000 | −£45.0m | −£22.6m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | — | — | -0.01 | -0.01 |
| Total assets | £5.4m | £4.9m | £7.9m | £9.1m | £9.1m | £9.1m | £9.2m | £9.2m |
| Cash and short-term investments | £1.5m | £1.3m | £2.7m | £4.3m | £4.9m | £4.9m | £5.9m | £5.9m |
| Debt | £114,000 | £162,100 | — | £122,500 | — | — | — | — |
| Shareholders' equity | £4.9m | £4.4m | £7.5m | £8.5m | £8.3m | £8.3m | £8.9m | £8.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -10.7% | — | — |
| Operating income | 6.9% | 7.9% | -3.6% |
| Net income | 36.0% | 25.5% | 1.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -743.5% | -582.5% | — | — |
| Net margin | -901.3% | -3076.0% | — | — |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.8 | -10.6 | -0.9 | -92.2 | -17.2 | -6.7 | -3.5 | -3.6 | -1.9 | -3.6 |
| Price to sales | 92.4 | 83.4 | 109.3 | 245.8 | — | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 29 Jun 2011
- 4-for-3 split · 12 Jun 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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