Results30 Apr 2025 07:26
£28 million cash on 31th of march, which means the business is valued £2,5 million under it's cash position ATM.
Management still confident that cash will be enough to reach profitability.
Currently £9,1 million of EBITDA loss, cost savings not yet calculated in.
FY '25 EBITDA loss expected to be about £6 million with current and expected cost savings (further £3m) which is not that bad.