RE: 50p ( 500% upside)30 May 2026 12:13
Rob Shepherd: I understand the concern. We IPO’d in February and completed another placing in December, which was difficult for everyone, especially our CEO who holds a significant shareholding.
But investors should focus on growth. The loss figures were based on monthly billings of around £353,000 to £360,000, and we’re already at around £500,000 and growing. Our cost base is relatively stable now after investing heavily following IPO, including growing headcount and fitting out a new office.
As sales increase, more revenue flows through to the bottom line. We’re delivering ahead of expectations and currently see no immediate requirement for further investment funding. If larger contracts create working capital needs, there are alternative financing tools available.