RE: Cash ?2 Feb 2026 21:59
Net cash was £0.92m at 31/12.It was £1.1m 30/6.
Looks like the refinanced some machinery to put more cash in the BS.
Looking forward, I expect cash balances to fall with lower royalty income,which has highest margin.
Is a cash call coming?I expect an attempt to raise a couple of million before the summer as headroom tight.Just my view