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Financial statements and analysis
Period names from company filings, with term end dates and filing dates
Income Statement (GBP) Term End Date Filing Date | 2025 Dec 31, 2025 Mar 19, 2026 | 2024 Dec 31, 2024 Mar 20, 2025 | 2023 Dec 31, 2023 Mar 20, 2024 | 2022 Dec 31, 2022 Apr 4, 2023 | 2021 Dec 31, 2021 Apr 27, 2022 | 2020 Dec 31, 2020 Mar 4, 2021 | 2019 Dec 31, 2019 Mar 10, 2020 | 2018 Dec 31, 2018 Mar 7, 2019 |
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Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% |
Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% |
Gross Margin % | - | - | - | - | - | - | - | - 100.0% |
Research & Development | 12.74M 29.3% | 18.02M 28.1% | 25.06M 31.2% | 36.43M 1.1% | 36.83M 42.2% | 25.90M 31.3% | 19.73M 17.1% | 16.85M 4.7% |
General & Administrative | 8.10M 62.3% | 4.99M 17.7% | 6.06M 16.8% | 7.29M 14.5% | 8.53M 21.0% | 7.05M 18.4% | 5.95M 14.8% | 5.18M 13.4% |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A Expenses | 8.10M 62.3% | 4.99M 17.7% | 6.06M 16.8% | 7.29M 14.5% | 8.53M 21.0% | 7.05M 18.4% | 5.95M 14.8% | 5.18M 13.4% |
Other Operating Expenses | -723.00K 615.8% | -101.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% |
Total Operating Expenses | 20.11M 12.2% | 22.90M 26.4% | 31.13M 28.8% | 43.72M 3.6% | 45.36M 37.7% | 32.95M 28.3% | 25.68M 16.6% | 22.03M 8.4% |
Cost and Expenses | 20.11M 12.2% | 22.90M 26.4% | 31.13M 20.4% | 39.10M 18.3% | 47.89M 31.6% | 36.40M 36.3% | 26.70M 39.6% | 19.13M 25.6% |
Operating Income | -20.11M 11.8% | -22.81M 30.4% | -32.78M 16.2% | -39.12M 18.3% | -47.91M 31.5% | -36.42M 36.4% | -26.70M 39.6% | -19.13M 25.6% |
Operating Margin % | - | - | - | - | - | - | - | - 100.0% |
EBITDA | -17.60M 19.7% | -21.93M 30.3% | -31.45M 16.6% | -37.72M 19.5% | -46.86M 32.8% | -35.28M 41.5% | -24.93M 40.9% | -17.69M 24.7% |
EBITDA Margin % | - | - | - | - | - | - | - | - |
Interest Expense | 12.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 100.0% |
Interest Income | 386.00K 7.8% | 358.00K 52.5% | 754.00K 12.7% | 669.00K 549.5% | 103.00K 58.1% | 246.00K 76.5% | 1.05M 1.5% | 1.06M 412.0% |
Other Income (Expense) | -10.41M 3008.1% | 358.00K 52.5% | 754.00K 85.6% | 5.24M 313.4% | -2.46M 24.4% | -3.25M 410.0% | 1.05M 73.6% | 3.97M 222.4% |
Pre-Tax Income | -30.52M 35.9% | -22.45M 29.9% | -32.03M 16.7% | -38.45M 19.6% | -47.80M 32.1% | -36.17M 41.0% | -25.65M 42.0% | -18.06M 29.1% |
Pre-Tax Margin % | - | - | - | - | - | - | - | - 100.0% |
Tax Provision | -1.17M 66.2% | -3.45M 21.5% | -4.40M 31.6% | -6.43M 11.5% | -7.27M 32.3% | -5.49M 29.6% | -4.24M 0.4% | -4.22M 75.9% |
Net Income | -29.35M 54.5% | -19.00M 31.3% | -27.63M 13.7% | -32.02M 21.0% | -40.53M 32.1% | -30.68M 43.3% | -21.41M 54.7% | -13.84M 40.0% |
Net Margin % | - | - | - | - | - | - | - | - 100.0% |
Basic EPS | 0.00 100.0% | -0.26 50.9% | -0.53 13.1% | -0.61 21.8% | -0.78 92.3% | -10.12 49.9% | -6.75 58.8% | -4.25 52.1% |
Diluted EPS | 0.00 100.0% | -0.26 50.9% | -0.53 13.1% | -0.61 21.8% | -0.78 92.3% | -10.12 52.9% | -6.62 55.8% | -4.25 52.1% |
Basic Shares Outstanding | 11.23B 15038.7% | 74.19M 41.1% | 52.57M 0.6% | 52.23M 0.4% | 52.04M 37.4% | 37.88M 17.2% | 32.33M 1.1% | 31.97M 22.6% |
Diluted Shares Outstanding | 11.23B 15038.7% | 74.19M 41.1% | 52.57M 0.6% | 52.23M 0.4% | 52.04M 37.4% | 37.88M 17.2% | 32.33M 1.1% | 31.97M 22.6% |