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2.20p
+2.33%
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
£89,000
FY2017FY2026
Net income
−£4.2m
FY2017FY2026
Free cash flow
−£3.8m
FY2017FY2026
Shareholders' equity
£5.8m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £89,000 | £42,000 | — | — | £75,000 | £17,000 | — | £22,000 | £9,000 | £126,000 |
| Gross profit | −£2.0m | −£1.6m | −£1.5m | −£1.7m | −£1.4m | −£1.4m | −£1.4m | −£1.5m | −£2.0m | −£2.2m |
| Research and development | — | — | £280,000 | £595,000 | £326,000 | £300,000 | £241,000 | £178,000 | — | — |
| Operating income | −£4.4m | −£3.3m | −£3.1m | −£3.3m | −£2.7m | −£3.2m | −£3.7m | −£3.2m | −£3.6m | −£4.3m |
| Net income | −£4.2m | −£3.1m | −£2.9m | −£3.1m | −£2.6m | −£4.3m | −£4.8m | −£3.0m | −£3.3m | −£4.1m |
| Diluted earnings per share | -0.00 | -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
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £7.2m | £10.4m | £6.7m | £5.0m | £8.0m | £10.7m | £6.3m | £5.0m | £6.5m | £9.5m |
| Cash and short-term investments | £2.1m | £5.9m | £3.0m | £1.3m | £4.4m | £7.0m | £2.4m | £1.1m | £2.2m | £5.0m |
| Total liabilities | £1.3m | £886,000 | £440,000 | £175,000 | £262,000 | £276,000 | £2.2m | £288,000 | £400,000 | £247,000 |
| Debt | £319,000 | £181,000 | £145,000 | £253,000 | £71,000 | — | £2.0m | — | — | — |
| Shareholders' equity | £5.8m | £9.5m | £6.3m | £4.8m | £7.8m | £10.4m | £4.0m | £4.8m | £6.1m | £9.3m |
| Shares outstanding | 1,986m | 2,005m | 1,765m | 1,554m | 1,419m | 1,419m | 1,079m | 975m | 1,986m | 1,986m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£3.6m | −£2.8m | −£2.2m | −£2.9m | −£2.5m | −£2.4m | −£3.0m | −£2.5m | −£2.7m | −£4.1m |
| Capital spending | −£240,000 | −£442,000 | −£98,000 | −£95,000 | −£58,000 | −£29,000 | −£24,000 | −£24,000 | −£135,000 | −£111,000 |
| Free cash flow | −£3.8m | −£3.2m | −£2.3m | −£3.0m | −£2.6m | −£2.4m | −£3.0m | −£2.6m | −£2.8m | −£4.2m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £44,000 | £45,000 | £42,000 | — | — | — | — | −£14,000 |
| Gross profit | −£1.0m | −£999,000 | −£802,000 | −£782,000 | −£552,000 | −£909,000 | −£692,000 | −£360,000 |
| Operating income | −£2.3m | −£2.1m | −£1.5m | −£1.8m | −£1.4m | −£1.7m | −£1.5m | −£753,000 |
| Net income | −£2.2m | −£2.0m | −£1.4m | −£1.7m | −£1.1m | −£1.7m | −£1.3m | −£672,000 |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | — |
| Cash from operations | −£1.0m | −£1.0m | −£1.0m | −£1.0m | — | −£1.0m | −£1.0m | — |
| Total assets | £7.2m | £8.3m | £10.4m | £5.2m | £6.7m | £5.2m | £5.0m | £5.0m |
| Cash and short-term investments | £2.1m | £4.0m | £5.9m | £1.4m | £3.0m | £1.7m | £1.3m | £1.3m |
| Debt | £108,000 | £27,000 | £68,000 | £90,000 | £102,000 | £109,000 | £108,000 | — |
| Shareholders' equity | £5.8m | £7.8m | £9.5m | £4.7m | £6.3m | £5.0m | £4.8m | £4.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | 39.2% | 46.2% |
| Operating income | 10.9% | 6.8% | -1.1% |
| Net income | 10.5% | -0.4% | -1.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -2739.7% | — | — | — |
| Operating margin | -5881.7% | — | — | — |
| Net margin | -5560.3% | — | — | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.3 | -17.1 | -44.2 | -13.8 | -9.8 | -8.2 | -4.9 | -6.3 | -8.8 | -11.7 |
| Price to sales | 435.2 | — | — | — | 341.0 | — | — | — | — | 380.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 19 Apr 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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