v3.25.2
Unaudited Condensed Consolidated Interim Statements of Income and Comprehensive Income - GBP (£)
£ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Unaudited Condensed Consolidated Interim Statements of Income and Comprehensive Income        
Research and development expenses £ (11,574) £ (17,967) £ (22,791) £ (31,951)
Administrative expenses (12,612) (11,243) (22,101) (20,710)
Related party administrative expenses (57) (21) (151) (42)
Other operating income/(expense) 1,197 30,172 (4,895) 32,763
Operating (loss)/profit (23,046) 941 (49,938) (19,940)
Finance income 18,707 11,215 28,773 7,397
Finance costs (337) (4,293) (402) (11,026)
Related party finance (costs)/income (143,209)   252,937  
Net finance income/(costs) (124,839) 6,922 281,308 (3,629)
(Loss)/profit before tax (147,885) 7,863 231,370 (23,569)
Income tax credit 3,122 3,877 19,592 6,448
Net (loss)/profit for the period (144,763) 11,740 250,962 (17,121)
Other comprehensive income:        
Foreign exchange translation differences 6,227 (239) 2,151 1,162
Total other comprehensive income/(loss) for the period 6,227 (239) 2,151 1,162
Total comprehensive (loss)/income for the period £ (138,536) £ 11,501 £ 253,113 £ (15,959)
Basic (loss)/earnings per share £ (1.76) £ 0.61 £ 3.13 £ (0.89)
Diluted (loss)/earnings per share £ (1.76) £ 0.61 £ (0.02) £ (0.89)