RE: Increased visibility15 Dec 2025 12:29
I saw a peer had a going concern warning on their recent interims and a reduction in income , a fact brought up there over the weekend bit mo doubt dismissed or ignored
Yet PYC record revenues and GROWING
General overviews
Costs at just 3% therefore tracking or below inflation in 2025 so very tight cost mgmt
Total Income at 3yr high and bolstered by moving into new therapeutic areas such as immunology and cardiovascular
Just after year end received £250,000 + and will recieve £60k grant, therefore cash position as of July was almost £800,000
Have applied for other grants and will announce if/when progressed