Member Info for GloriaMarket

Https://www.investormeetcompany.com/meeting/full-year-results-briefing-15/presentation.pdf

The presentation slide shows that FY25 monthly cashburn INCREASED to 468k. FY25 does that actually mean the year 2024 ?

H1 H2 FY25 FY24

Underlying monthly burn rate: (515) (421) (468) (403) FY26 YTD average monthly cash burn c£0.35m

Remuneration of BoD, is publicly available.

"The guys know all the technical details I'm sure but we need a financial/commercial lead."

Perhaps the chariman, Dr Gilham?

"permanent" capital would require a regular sales income., I feel.

No Christmas party this year, now 260k left in bank. Mr stocksaint was right when he aid approx 350k left in bank at end of November and that no money has been provided yet. And its only 3 months worth of cash. Cashburn needs to be reduced by more than 20%.

Which begs the question: Why arent private health care institutes buying GDRs products?

"The announcement yesterday made it very clear GDR's stroke product cannot be funded through the central NHS budget."

I bet the majority of GDR investors, including Mr Nugent, voted and will continue to vote for political parties that cut funding to NHS in real terms.

It's interesting to note that when the rampers are in full force the SP falls , relentlessly.

Mr Amers, you were once a desperate ramper but your posts have changed suggesting you are no longer underwater after u-turning and supporting Mr nugent and the "no" vote and enjoying the recent multi-bagging increase in SP from 0.2p to 0.8p!

"Don't let the derampers put you off this share . "

Here we go again!

Always ignore rampers, they have skin in the game and their comments are heavily biased and even aggressive towards anyone who disagrees with them.

Derampers are everyone else - balanced, potential investors waiting for an opportunity.

I know which invested posters are worth reading, those that do not desperately ramp, but can still see both sides of the coin.

" They must be in discussions with DN on the terms for the £1m loan."

love to be a fly on the wall wrt to those discussions. I've no doubt all the dirty laundry regarding past funding, bonuses and salaries will come out in heated discussions.

Fine to be optimistic or even dream but weveryone knows lots of dilutions/ debt will take place in the future unless monthly cashburn can match earnings.

"Couldnt buy a round of drinks in Wetherspoons without tapping private investors up!"

Hence the PI revolt, led by Mr Nugent.

"Sadly my stop loss has been hit out for a profit"

You are obviously very successful investor, Mr Crober. Good for you.

"Breakeven is a long way off, if it ever comes."

unless GDR can genuinely drastically reduce cashburn whilst servicing its current contract obligations.

Obviously as PIs its impossible to know whether the cashburn of 350k per month is genuine value for money and a shrewd investment in future significant sales.

"Bearing in mind how long it's taken GDR to to achieve regulatory approval and sales, Credo must be 4-5 years behind in trying to penetrate our market."

It will be very interesting to see how long it takes Credo to achieve regulatory approval.

"I wouldn't lose a second of sleep on Credo Diagnostics. They are based in Singapore and no where near the UK market / NICE approval. "

LOL !!! the asian market is by far the biggest market on the planet. I'm sure GDR are worried though as the BoD salaries are based on internation sales.

"In 2024 PH told GDR that PIs didn't have the appetite for another dilution." - How do you know this?

BoD said so after the last dilution in 2024. Perhaps its in one of the RNS-es , I think CFO may have said it. Whether they said PH advised them as such , I t know but BoD definitely admitted they didn't think PIs have the appetite for further dilution. And of course they were right.

"Why didn't they raise last June 2025 at 1.5p?"

Probably because Peel Hunt didn't want to risk it. In 2024 PH told GDR that PIs didn't have the appetite for another dilution. PH raised 1.2M in march @1.5p (correct me if I'm wrong) . I suspect Allenby Capital were roped in by PH to provide capital @0.2p.. which as we know ultimately failed confirming what Peel Hunt already knew, that a PI revolt was nigh. IIs are very good at their job, aren't they?

"Even when they’re EBITDA positive they’ll still likely want to raise more funds for further product development."

Yes but I do think GDR has been incredibly wasteful with its funds over the last 5 years. As if it was statutory for employees to pass a course:" How to over-promise and underperform, consistently."

"these constant trade shows contribute to the extortionate monthly spend"

what evidence do you have of GDR's monthly spend on trade shows?