V 
0.14p
0.00%
Close of 9 Nov 2026, in pence
Search any instrument
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
£31,372
FY2016FY2025
Net income
−£2.2m
FY2016FY2025
Free cash flow
−£1.5m
FY2016FY2025
Shareholders' equity
£2.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £31,372 | £49,775 | £9,600 | — | — | — | — | — | — | — |
| Research and development | £229,378 | £245,163 | £383,362 | £551,233 | £303,789 | £230,115 | £984,457 | £1.7m | £1.7m | £2.4m |
| Operating income | −£1.8m | −£2.1m | −£2.3m | −£2.6m | −£1.7m | −£1.7m | −£2.7m | −£4.8m | −£3.1m | −£5.4m |
| Net income | −£2.2m | −£1.9m | −£2.0m | −£2.4m | −£1.5m | −£1.5m | −£2.4m | −£4.4m | −£3.1m | −£4.7m |
| Diluted earnings per share | -0.00 | -0.01 | -0.02 | -0.03 | -0.02 | -0.02 | -0.29 | -0.60 | -0.86 | -3.93 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £2.6m | £4.3m | £3.1m | £4.0m | £3.5m | £4.9m | £3.6m | £4.2m | £4.9m | £5.0m |
| Cash and short-term investments | £791,612 | £1.6m | £174,684 | £1.1m | £593,672 | £1.8m | — | £372,872 | £701,410 | £560,763 |
| Total liabilities | £235,103 | £346,413 | £226,511 | £149,645 | £109,555 | £182,403 | £1.4m | £1.2m | £1.8m | £2.6m |
| Debt | £1,395 | £11,862 | £22,070 | £37,712 | £58,720 | £71,061 | £199,415 | £313,699 | £390,120 | £1.3m |
| Shareholders' equity | £2.9m | £4.3m | £3.2m | £4.1m | £3.6m | £4.9m | £2.4m | £3.1m | £3.2m | £2.3m |
| Shares outstanding | 734m | 132m | 102m | 89m | 65m | 65m | 8m | 7m | 4m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −£1.5m | −£1.6m | −£1.8m | −£1.7m | −£1.3m | −£1.9m | −£1.3m | −£3.4m | −£2.4m | −£4.2m |
| Capital spending | −£13,580 | −£38,156 | −£306,181 | −£5 | −£2 | −£93,287 | −£396,776 | −£324,028 | −£280,326 | −£386,625 |
| Free cash flow | −£1.5m | −£1.6m | −£2.1m | −£1.7m | −£1.3m | −£2.0m | −£1.7m | −£3.7m | −£2.6m | −£4.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £1,300 | £31,371 | — | £49,775 | — | £9,600 | — | — |
| Operating income | −£821,416 | −£888,532 | −£933,933 | −£1.1m | −£1.1m | −£1.1m | −£1.2m | −£1.5m |
| Net income | −£745,592 | −£1.4m | −£838,434 | −£944,785 | −£970,908 | −£1.0m | −£1.0m | −£1.4m |
| Diluted earnings per share | -0.00 | -0.00 | -0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 |
| Cash from operations | — | — | — | — | — | — | −£1.0m | −£1.0m |
| Total assets | £2.8m | £2.6m | £3.1m | £4.3m | £3.7m | £3.1m | £4.1m | £4.0m |
| Cash and short-term investments | £970,564 | £791,612 | £518,794 | £1.6m | £809,147 | £174,684 | £891,246 | £1.1m |
| Debt | — | £1,395 | £6,661 | £11,862 | £16,995 | £22,070 | £28,836 | £37,712 |
| Shareholders' equity | £3.1m | £2.9m | £3.5m | £4.3m | £3.8m | £3.2m | £4.2m | £4.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | — | -9.2% |
| Operating income | -11.1% | 2.0% | -5.0% |
| Net income | -2.5% | 8.7% | 0.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -4885.1% | — | — | — |
| Net margin | -5111.5% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.1 | -0.3 | -0.5 | -0.9 | -2.6 | -0.9 | -0.0 | -0.1 | -0.3 | -0.0 |
| Price to sales | 78.3 | 10.8 | 106.5 | — | — | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 125-to-1 reverse split · 6 Apr 2020
- 1-to-1 reverse split · 18 Feb 2020
- 125-to-1 reverse split · 18 May 2015
- 30-to-1 reverse split · 31 Jul 2007
- 2-to-1 reverse split · 3 Oct 2006
- 100-to-1 reverse split · 21 Oct 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.