Business
Delay in publication of annual accounts
Provexis PLC announced a delay in the publication of its annual accounts for the year ended March 31, 2025, leading to a temporary suspension from trading on AIM, effective October 1, 2025. The company anticipates releasing the accounts by mid-October 2025. Unaudited figures for the year ended March 31, 2025, indicate sales of £1.29 million, a 61% increase year-on-year, and an underlying operating loss of £278k, an improvement of £191k. Cash at bank at the end of the period was £708k, with net assets exceeding £750k. In the six months ended September 30, 2025, the company sold all remaining Fruitflow II SD inventory and expects to report total sales in excess of £350,000. Disclaimer*
About this update from Provexis Plc
[{"type":"text","content":"\n\nPrior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. With the publication of this announcement, this information is now considered to be in the public domain.\n \n30 September 2025\nProvexis plc\n('Provexis' or the 'Company')\n \nDelay in publication of annual accounts\nTrading update\nTemporary suspension from trading on AIM\n \n \nProvexis, the business that develops, licenses and sells the proprietary, scientifically-proven Fruitflow® heart-health functional food ingredient, announces that the audit of its financial statements for the year ended 31 March 2025 (the 'Accounts') is ongoing and will not be completed by today, 30 September 2025, being the deadline under Rule 19 of the AIM Rules for Companies.\n \nThe Company continues to work with its new auditors, RPG Crouch Chapman LLP, in their first year as the Group's auditor, to ensure that the audit of the Accounts is completed as soon as possible. The Company currently anticipates that the audit will be completed, and Accounts released by mid-October 2025.\n \nFor the year ended 31 March 2025 the Company confirms on an unaudited basis that it expects to report:\n \n· sales of £1.29m, a 61% increase year on year which reflects strong demand from existing and new customers for Fruitflow;\n· an underlying operating loss of £278k (year ended 31 March 2024: £469k), an improvement of £191k year on year. The year ended 31 March 2025 included nine months of the royalty payable to dsm-firmenich at the second year rate to 31 December 2024, and three months of the royalty payable at the lower third year rate to 31 March 2025. The royalty will decrease further, and at a higher rate of year-on-year decrease, from 1 January 2026, and it will wholly cease to be payable on 31 December 2026; and\n· cash at bank at 31 March 2025 of £708k, and net assets at 31 March 2025 in excess of £750k.\n \nThe Company also confirms that in the six months ended 30 September 2025:\n \n· it has sold all of the remaining Fruitflow II SD inventory which it purchased from dsm-firmenich ('DSM') in 2023 and 2024;\n· it has undertaken a new produc...