v3.25.2
Consolidated Statement of Changes in Equity - GBP (£)
£ in Thousands
Share capital
Ordinary shares
Share capital
Share premium
Ordinary shares
Share premium
Treasury share reserve
Other reserves
Warrants
Other reserves
Accumulated deficit
Ordinary shares
Warrants
Total
Equity at beginning of period at Dec. 31, 2023   £ 17   £ 257,704     £ 86,757 £ (394,257)     £ (49,779)
Profit (Loss) for the year               (17,121)     (17,121)
Translation differences             1,162       1,162
Total comprehensive loss             1,162 (17,121)     (15,959)
Share based payment transactions             4,433       4,433
Share issuance to related party       15,629             15,629
Issuance of warrants to related party             3,907       3,907
Exercise of share options       491             491
Repurchase of ordinary shares         £ (803)           (803)
Transfer of reserves             995 (995)      
Equity at end of period at Jun. 30, 2024   17   273,824 (803)   97,254 (412,373)     (42,081)
Equity at beginning of period at Dec. 31, 2024   55   554,391 (803)   99,299 (1,152,283)     (499,341)
Profit (Loss) for the year               250,962     250,962
Translation differences             2,151       2,151
Total comprehensive loss             2,151 250,962     253,113
Share based payment transactions             2,816       2,816
Share issuance £ 9   £ 34,226           £ 34,235    
Issuance of warrants           £ 18,032       £ 18,032  
Share issuance to related party   3   12,982             12,985
Issuance of warrants to related party             (6,840)       (6,840)
Transaction costs on issuance of equity instruments       (3,142)     (1,654)       (4,796)
Exercise of share options       11             11
Transfer of reserves             (706) 706      
Equity at end of period at Jun. 30, 2025   £ 67   £ 598,468 £ (803)   £ 126,778 £ (900,615)     £ (176,105)