AIQ (AIQ) H2 2025 earnings summary

Executive summary

• Faced a challenging year with no revenue-generating projects secured or delivered, resulting in a complete absence of revenue compared to £304,233 in the prior year.

• Strategic focus shifted to AI infrastructure and data centre construction, highlighted by the formation of AIQ Vision Limited in partnership with Centslink.

• The business is positioned to capitalize on growing demand for generative AI and data sovereignty, but faces significant market and geopolitical uncertainties.

Financial highlights

• Revenue for the year ended 31 October 2025 was £Nil (2024: £304,233); gross profit was £Nil (2024: £230,589).

• Administrative expenses decreased to £441,505 (2024: £468,634) due to reduced headcount.

• Operating loss increased to £439,375 (2024: £242,656 loss); loss after tax was £464,374 (2024: £271,140).

• Loss per share was 0.7 pence (2024: 0.4 pence loss per share).

• Cash and cash equivalents at year-end were £19,922 (2024: £44,356).

Outlook and guidance

• The pipeline of potential projects has increased in value but remains small and with low conversion probability.

• The Board is closely monitoring cash and keeping strategic options open, with continued reliance on director and shareholder support.

• Securing new contracts and additional funding are critical to maintaining going concern status.