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Frontier IP builds value by working in partnership with universities, investors and industry to commercialise intellectual property

Chief executive’s statement

I am happy to say the portfolio is making good progress. Several companies successfully put in the spadework to provide the basis for their future growth. I was particularly encouraged by the breadth of partnerships they were able to develop across industry, government, academia and finance. Several completed successful funding rounds, again from a range of sources. I am confident others will follow.

Neil Crabb, Chief Executive Officer Neil Crabb Face On 2 Jpg

Financial highlights

Frontier IP’s portfolio made solid commercial, technical and financial progress for the half year to 31 December 2024. The fall in net assets per share reflected the increased shares in issue following the funding round.

Target

£33.2 million

Fair value of our equity portfolio

December 2023: £35.1 million June 2024: £33.2 million

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£(1.6 million)

Loss before tax

December 2023: pre-profit £1.4 million

World

(2.81)p

Basic loss per share

December 2023: earnings per share of 2.67p

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£3.6 million

Cash balances at 31 December 2024

December 2023: £2.7 million June 2024: £2.3 million 

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