
H1 2010 |
H1 2009 |
|
Revenue |
£2.1m |
£2.0m |
Gross Margin |
£1.8m |
£1.6m |
Gross Margin % |
85% |
83% |
Loss from Operations |
(£0.5m) |
(£0.9m) |
Cash outflow |
£0.4m |
£0.6m |
Cash and Cash equivalents |
£4.6m |
£5.1m |
EPS |
(0.02)p |
(0.04)p |
For the year ended 31 December |
6 Months to
|
6 Months to
|
Year ended
|
Revenue |
2,109,558 |
2,014,181 |
4,698,510 |
Cost of sales |
(306,806) |
(333,025) |
(614,210) |
Gross profit |
1,802,752 |
1,681,156 |
4,084,300 |
Administrative expenses |
(1,152,334) |
(1,421,732) |
(2,319,675) |
Research and Development expenses |
(1,165,104) |
(1,155,142) |
(2,476,450) |
Loss from operations |
(514,686) |
(895,718) |
(711,825) |
Finance revenue |
24,571 |
57,209 |
84,397 |
Loss before tax |
(490,115) |
(838,509) |
(627,428) |
Tax on loss on ordinary activities |
(29,681) |
(76,676) |
63,700 |
Loss for the year |
(519,796) |
(915,185) |
(563,728) |
As at
|
As at
|
As at
|
|
Non-current assets |
|||
Intangible assets |
27,113 |
41,514 |
34,495 |
Property, plant and equipment |
103,273 |
126,622 |
116,139 |
130,386 |
168,136 |
150,634 |
Current assets |
|||
Trade and other receivables |
1,343,696 |
1,069,231 |
1,551,428 |
Other financial assets |
2,500,000 |
3,000,000 |
3,000,000 |
Cash and cash equivalents |
2,113,566 |
2,097,791 |
2,050,217 |
5,957,262 |
6,167,022 |
6,601,645 |
Total assets |
6,087,648 |
6,335,158 |
6,752,279 |
Current liabilities |
|||
Trade and other payables |
(1,469,252) |
(1,544,438) |
(1,622,283 |
Net assets |
4,618,396 |
4,790,720 |
5,129,996 |
Capital and reserves |
|||
Called up share capital |
1,214,318 |
1,214,318 |
1,214,318 |
Share premium account |
12,066,990 |
12,066,990 |
12,066,990 |
Merger reserve |
9,787,208 |
9,787,208 |
9,787,208 |
Retained losses |
(18,450,120) |
(18,277,796) |
(17,938,520) |
Total equity |
4,618,396 |
4,790,720 |
5,129,996 |