Business
Final results for the year ended 30 June 2025
Frontier IP Group plc reported a loss before tax of £6,344,000 for the year ended 30 June 2025, a significant increase from the prior year's loss of £1,337,000, primarily driven by unrealised losses on investments totaling £3,041,000. The fair value of the equity portfolio remained stable at £33,407,000, while the debt portfolio decreased to £3,066,000. The company raised £3.6 million through a placing and retail offer and established a new innovation hub, SC², in Cambridge. Net assets per share decreased to 61.0p from 79.7p, partly due to the issuance of 12.7 million new shares. The company's auditor issued a qualified opinion due to insufficient audit evidence regarding the valuation of certain investments, and a material uncertainty related to going concern was identified, though directors expect funding to be secured. Disclaimer*
About this update from Frontier Ip Group Plc
[{"type":"text","content":"\n\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (AS AMENDED) (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED)). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n8 December 2025\n \nFrontier IP Group plc\n(\"Frontier IP\", the \"Company\" or the \"Group\")\n \nFinal results for the year ended 30 June 2025\n \n \nFinancial highlights\n \n· Fair value of the Company's equity portfolio is broadly in line with prior year at £33,407,000 (2024: £33,203,000) following the unrealised loss on investment of £2,697,000 (2024 unrealised gain of £2,468,000), additions of £3,081,000 (2024: £68,000) offset by disposals of £180,000 (2024: £2,297,000).\n· Fair value of the Company's debt portfolio reduced significantly compared to prior year to £3,066,000 (2024 : £5,595,000) primarily due to the conversion of £2,685,000 debt investments in Camgraphic Ltd to equity in 2D Photonics (referenced below as £2,607,000 loan plus unrealised gain of £78,000) as well as an unrealised loss of £344,000 (2024 : £1,287.000). These movements were partially offset by new loans issued of £500,000 (2024 : £2,157,000) to two portfolio companies.\n· Disposals in both our equity and debt portfolio related to Camgraphic Ltd. Equity shares valued at £180,000 and the loan valued at £2,607,000 together with accrued interest of £217,000 were exchanged for a shareholding in 2D Photonics of £3,081,000 in a non-cash transaction including an unrealised gain of £78,000 (2024: ExScientia disposal generated cash of £2,545,000 with a realised gain of £249,000).\n· Unrealised loss on the revaluation of investments of £3,041,000 (2024: unrealised gain of £1,282,000) comprising unrealised losses on equity investments of £2,697,000 (2024: unrealised gain of £2,468,000) and unrealised losses on debt investments of £344,000 (2024: unrealised losses of £1,187,000).\n· Cash balances at 30 June 2025 of £2,584,000 (2024: £2,298,000).\n· Net assets per share as at 30 June 2025 reduced to 61.0p (30 June 2024: 79.7p)...