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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
£9.2m
FY2016FY2025
Net income
−£16.8m
FY2016FY2025
Free cash flow
−£1.2m
FY2016FY2025
Shareholders' equity
£35.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £9.2m | £16.4m | £8.2m | £7.2m | £5.4m | £6.6m | £6.9m | £6.5m | £6.7m | £6.5m |
| Operating income | £188,000 | −£2.4m | −£872,000 | £1.4m | −£1.6m | £88,000 | £973,000 | £762,000 | £1.3m | £1.3m |
| Net income | −£16.8m | −£3.8m | −£2.0m | −£259,000 | −£2.2m | −£988,000 | £1.8m | −£2.2m | £40,000 | £1.5m |
| Diluted earnings per share | -0.12 | -0.03 | -0.01 | -0.00 | -0.02 | -0.01 | 0.02 | -0.02 | 0.00 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £67.4m | £87.3m | £96.0m | £89.3m | £80.3m | £75.4m | £73.2m | £69.2m | £69.1m | £69.5m |
| Cash and short-term investments | £1.0m | £782,000 | £1.1m | £970,000 | £928,000 | £792,000 | £1.3m | £2.8m | £703,000 | £686,000 |
| Total liabilities | £32.3m | £33.2m | £40.0m | £33.1m | £33.1m | £28.6m | £27.5m | £29.9m | £29.0m | £28.6m |
| Debt | £27.8m | £25.6m | £30.4m | £25.4m | £27.8m | £24.3m | £22.7m | £24.6m | £23.2m | £22.9m |
| Shareholders' equity | £35.1m | £54.1m | £56.1m | £56.2m | £47.2m | £46.1m | £45.7m | £39.3m | £40.1m | £40.9m |
| Shares outstanding | 143m | 143m | 141m | 130m | 121m | 116m | 116m | 98m | 96m | 96m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£874,000 | £4.5m | −£3.7m | −£974,000 | −£3.3m | −£1.3m | −£1.2m | −£886,000 | £1.0m | £621,000 |
| Capital spending | −£338,000 | −£267,000 | −£97,000 | −£196,000 | −£161,000 | −£823,000 | −£243,000 | −£227,000 | −£296,000 | −£561,000 |
| Free cash flow | −£1.2m | £4.3m | −£3.8m | −£1.2m | −£3.5m | −£2.1m | −£1.4m | −£1.1m | £712,000 | £60,000 |
Latest quarters
By quarter end
| Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Sept 2023 | Mar 2023 | Dec 2022 | Sept 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £6.6m | £4.9m | £4.3m | £11.9m | £4.4m | £3.7m | £1.9m | £4.4m |
| Operating income | £436,000 | −£287,000 | £245,000 | −£3.2m | £803,000 | £367,000 | £183,500 | £686,000 |
| Net income | −£474,000 | −£16.0m | −£825,000 | −£3.7m | −£119,000 | −£2.3m | −£1.1m | £223,000 |
| Diluted earnings per share | -0.00 | -0.11 | -0.01 | -0.03 | -0.00 | -0.02 | -0.01 | 0.00 |
| Cash from operations | −£1.0m | — | −£2.0m | £6.0m | −£2.0m | −£1.0m | — | −£1.0m |
| Total assets | £64.8m | £67.4m | £87.7m | £87.3m | £98.9m | £96.0m | £96.0m | £91.6m |
| Cash and short-term investments | £263,000 | £1.0m | £572,000 | £782,000 | £530,000 | £1.1m | £1.1m | £991,000 |
| Debt | £26.1m | £16.1m | £27.8m | £25.6m | £31.0m | £30.3m | — | £27.8m |
| Shareholders' equity | £34.6m | £35.1m | £53.3m | £54.1m | £58.9m | £56.1m | £2.9m | £56.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.7% | 7.1% | 2.9% |
| Operating income | -48.2% | 16.4% | -17.4% |
| Net income | 301.9% | 76.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -8.6% | -4.2% | -6.2% | 2.7% |
| Net margin | -80.7% | -56.0% | -49.3% | -28.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.2 | -1.1 | -4.0 | -43.9 | -5.1 | -10.0 | 5.8 | -4.7 | 269.5 | 6.8 |
| Price to sales | 0.3 | 0.3 | 1.0 | 1.6 | 2.0 | 1.5 | 1.5 | 1.6 | 1.6 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 4 Aug 2010.
| FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.00 | 0.00 | 0.00 | 0.014 | 0.013 | 0.019 | 0.016 | 0.014 |
- 2-for-1 split · 29 Aug 2007
- 2-for-1 split · 31 Aug 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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