Business
Annual Financial Report
Annual Financial Report.
About this update from Satsuma Technology Plc
[{"type":"text","content":"\n\nPress Release\n \nThis announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (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 \n \n27 June 2025\n \n \n \nTAO Alpha PLC\n(\"TAO\", \"TAO Alpha\" or \"the Company\")\n \nAnnual results\n \n \nLONDON, ENGLAND - TAO ALPHA PLC (LSE: TAO) (\"TAO\" or the \"Company\") announces its audited results for the 12 months ended 28 February 2025. The full audited financial statements will be uploaded to the Company website: https://www.taoalpha.ai/investors.\n \nThe Directors of TAO Alpha PLC take responsibility for this announcement.\n \nFor further information, please contact:\n \n\n\n\n\nTAO Alpha PLC\n\n\n\n\n\n\n\nMatthew Lodge\n\n\nvia First Sentinel\n\n\n\n\nFinancial Adviser\n\n\n\n\n\n\n\nBrian Stockbridge\n(First Sentinel Corporate Finance Limited)\n\n\n+44 20 3855 5551 \n\n\n\n\n \n \n \n \nChairman's Report\n \nOn 12 May 2025 the Company changed its name to TAO Alpha plc (previously called Streaks AI plc) (previously called Streaks AI plc). The name change reflected the Company's evolving business focus and aligns with its strategic vision of developing fully automated decentralised revenue generating AI agents. The Company continues to advance its strategic objectives within the decentralised AI agent economy. It is focused on close alignment with Bittensor's TAO ecosystem. Bittensor is a decentralised open-source network that incentivises the creation of useful products within a global marketplace for machine-learning models, while participants earn TAO tokens related to the worth of the intelligence they provide.\nCentralised AI refers to artificial intelligence systems controlled and maintained by a single organisation or entity, where data, model training, and decision-making are concentrated within closed, proprietary infrastructures. Companies like OpenAI, Google DeepMind, and Meta operate centralised AI models such as ChatGPT, Gemini, and LLaMA, which rely on vast internal datasets and cloud servers to deliver services. In contrast, decent...