Chief executive’s statement
When times are hard, the principles on which we base our differentiated and innovative business model come to the fore. We do not focus on volume and high deal flow, burning through cash in the hope one or two companies become big. Instead, our approach is capital efficient and focused on quality, framed by key ideas that help us to identify promising technology.
Neil Crabb, Chief Executive Officer
Financial highlights
Frontier IP has consistently delivered strong results. Here are the latest for the full year to 30 June 2024.
£33.2 million
Fair value of our equity portfolio
June 2023: £32.96 million
£(1.34 million)
Loss before tax
June 2023: pre-tax loss £(4.37 million)
£1.28 million
Unrealised gain on the revaluation of investments
June 2023: unrealised loss of £(0.97 million)
(2.01)p
Basic loss per share
June 2023: basic loss per share of 5.85p
£2.3 million
Cash balances at 30 June 2024
June 2023: £4.6 million
79.7p
Net assets per share
June 2023: 81.8p