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In summary:
· The net interest cost for the Group for the period was £10,710 (2020: £31,812)
· Group revenue for the year was £521,069 (2020: £255,314)
· Administrative expenses from continuing operations increased to £994,388 (2020: £933,462)
· Group loss after tax from continuing operations was £501,058 (2020: £717,534)
· Taxation charge was £nil for the period (2020: £nil)
· Basic and diluted loss per share from continuing operations was 0.29p (2020: 0.48p loss)
· As at 31 December 2021, the Group had cash and cash equivalents of £728,586 (2020: £478,910)
· The Group's net assets increased to £1,190,691 (2020: £1,071,354)
· Intangible assets, comprising intellectual property, imaging and diagnostic software and goodwill, decreased to £772,263 (2020: £889,177)
2021 was a transformational year for IQ-AI. We had record revenue of £521,069 (2020: £255,314), an annual growth rate of 104%
-- BB --
hmmmm...
-- BB --
We need some positive news from TB ... or at least some reassurance on what is going on ... it seems that investor confidence is waning ...
A key here is the "big" tech that IQAI is working with ... but which company?
Anyway - roll on April
-- BB --
In the early days of Bitcoin - 1 pound etc - everyone in the "know" predicted that crypto would eventually be the "future". They bought and held. I believe that those early investors have done rather well ... (!)
Clearly IQ is the future for many aspects of our lives including medicine. TB got in early.
The likes of Google are investing heavily in AI ... our time will come!
Surely the team TB has built up and indeed the hospitals who have bought into the products aren't ALL wrong?
Buy and hold.
IQAI was never a "trading" equity ...
-- BB --
It is great that they are not being gifted ...
Will be interesting to see if the warrants are taken up this week.
-- BB --
Have emailed TB to ask the question ...
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Not 100% sure, so please, if I have the "wrong" trial, "delete, delete, delete"! https://clinicaltrials.gov/ct2/show/NCT04319276
Looks like February 2022 start - updated at the tail end of October ...
All good.
-- BB --
IQAI is not in AIM...:)
-- BB - -
Dear All,
Have been suspended (and have subsequently have asked to be removed) from the IQAI telegram site as its moderator does not want "negative posts taking over the forum". My reminding investors that warrants can be exercised at 7.5p was deemed to be devisive!
I will carry on posting here - however - with both positive and negative comments depending on how I see it. That is what a forum is inherently for!
I have been in IQAI since the days of Flying Brands and have huge belief in its products and AI. I am pleased to see that news is flowing ... finally.
I am not a trader in this equity ... and have been adding over time.
Investors have had a rather rollercoaster ride with the SP and have a right to ask questions. I note that TB has been pilloried for his actions with his other companies - rightly or wrongly. His belief in IQAI is steadfast however.
Good luck All ...
We will get there!
-- BB --
agreed -- anything that leads to a better sp is a good thing!
-- BB --
remember warrants at 7.5p ... pushing the price to this 7.5p is good for some ...
-- BB --
we are getting a LOT more news than we used to ... and I am expecting more ...
-- BB --
i wonder if we are going to get an RNS after every sale ...
-- BB --
On Telegram, there was a post indicating that the clinical trial is now due to start in February 2022 BUT the post was taken down ...
-- BB --
this share bimbles along in its own way ... it always "promises" to deliver ... however, with all the tech and now recognition - it's only a matter of time before it blossoms. Remember, TB could have "sold out" a long time ago - when the SP was 20p + ... he didn't ...
-- BB --
29th October 2020 - sp - 4.10 pps
5th November 2020 - sp - 22.75 pps
prepare!
-- BB --
i though the placing shares were at 5 pence ... these are closer to 6?
-- BB --
by putting a 3 month time limit on the warrants, it's clear that "something" will happen in this time ...
just what is the question!
-- BB --
Hmmm ...
-- BB --