RE: Coverage in UK Investor Magazine6 Jan 2025 14:19
Excellent summary Porter, this uk investor coverage has helped
Humpa
For summary of PYC (very similar company to FAB) see below
£1.5mln cap
£600-700k cash ,no debt small losses
CE0 salary £72k is 1/4 of AIM average = modest and alligned
Record contracts won June 2023 to June 2024 £1mln
Record revenues going into end of H1 2024 of currently £800-900k (up to Dec 2024)
Only needs about £1.4mln FY revenues end of June 2025 to probably turn to profit
Working in niche A.I software development market worth $blns
New CEO made huge impact in just 9mths
Potentially very large bio statistic contracts to come (words of BOD at last presentation)
Access to EU and USA markets via NASDAQ partners