RE: Looking good.21 Jan 2025 17:07
Final results Novembet 2024
Financial Highlights
· Revenue and other income £0.5m (2023: £0.06m)
· Operating loss for the year of £5.3m (2023: loss of £5.2m)
· R&D spend of £4.2m (2023: £3.9m) focused on near-commercialisation product development
· Successful equity fundraise of £6m (gross) announced in June 2024
· Cash at bank of £5.2m at 30 June 2024 (2023: £2.6m) and debt free