CAMBRIDGE COGNITION HOLDINGS PLC (COG) — Results for the year ended 31 December 2025 Q&A Session

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the CAMBRIDGE COGNITION HOLDINGS PLC Q and A session. Questions are encouraged. They can be submitted at any time via the q and a tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today, and we'll publish our responses where it's appropriate to do so on the Investor Meet company platform. Before we begin, we would just like to submit the following poll. And if you'd give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to CEO, Rob Baker. Rob, good afternoon, sir. Good afternoon, and thank you all for joining us today for a q and a session on the 2025 results for Cambridge Cognition. As I say, I'm Rob Baker, CEO of Cambridge Cognition. I'm joined by I'm Ronald Oberbenshire. I'm chief financial officer. And before we jump into the q and a sessions, I just want to take an opportunity to just recap some of the highlights of those 2025 results. Hopefully, you've had a chance to review the presentation that's prerecorded previously, an opportunity to read the reports, look forward to your questions during this thirty minute session today. So in 2025, we really set back that return to growth and expanding market opportunities. The sales orders returned to growth up to 12,800,000, up 73% year on year. The order book up 25% from the prior year position at 6.5 mid 16,500,000. Whilst the revenue of 9.4 is down 10%, again, reflects the weaker opening order book and prior sales challenges during '23 and '24. But as we sit here today, we sat w...