Ashington Innovation

ASHI · Main Market · Financial Services · mcap £0.5m · 0.7p

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Financials · LTM to 30 Jun 26

Source: results 29 Sep 26 ↗

Going-concern uncertainty

Revenue: –
Operating profit: −£169k
Net income: −£169k
Free cash flow: −£178k
Net debt: £139k
Market cap: £544k
EV / EBIT: –
FCF yield: −32.7%
Price / book: –

Latest half-year · H1 26 vs H1 25 results 29 Sep 26 ↗

Operating profit: −£87k
Net income: −£87k
Cash from operations: −£85k

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

As reported Key figures

Income statement Balance sheet Cash flow

Annual Half-yearly

Every line as the company printed it in the results of each period, newest first. Italic = calculated (H2 = full year − first half). The column headings link to the announcements.

Latest report: H1 26 (six months to 30 Jun 26), published 29 Sep 26 · read the results ↗

	FY 25	FY 24
Administrative expenses	(198,055)	(268,751)
Finance income	-	193
Finance charge	(1,039)	-
Loss before tax	(199,094)	(268,558)
Tax expense	-	-
Loss for the year	(199,094)	(268,558)
Total comprehensive income	(199,094)	(268,558)
Basic and diluted loss per share
Year ended 31 December 2025	(0.27p)	–
Year ended 31 December 2024	(0.37p)	–
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
Note 2025 (£) 2024 (£)
Assets
Current assets
Trade and other receivables	21,188	30,518
Cash and cash equivalents	50,565	185,810
Total assets	71,753	216,328
Liabilities
Current liabilities
Trade and other payables	51,693	48,213
Borrowings	104,923	68,230
Total liabilities	156,616	116,443
Net assets/(liabilities)	(84,863)	99,885
Issued capital and reserves
Share capital	725,979	725,979
Share premium reserve	915,988	915,988
Retained earnings	(1,741,176)	(1,542,082)
Other reserve	14,346	-
Total equity	(84,863)	99,885

	H1 26	H2 25	H1 25
Administrative expenses	(80,756)	(80,577)	(117,478)
Finance charge	(6,455)	-	-
Loss from operations	(87,211)	–	(117,478)
Loss before tax	(87,211)	(81,616)	(117,478)
Tax expense	-	-	-
Loss for the period	(87,211)	–	(117,478)
Total comprehensive income	(87,211)	(81,616)	(117,478)
Basic and diluted loss per share (see Note	(0.12p)	–	(0.16p)
Interim Statement of Financial Position
£ £ £
Assets
Current assets
Trade and other receivables	12,859	13,608	7,580
Cash and cash equivalents	22,198	(42,016)	92,581
Total assets	35,057	(28,408)	100,161
Liabilities
Current liabilities
Trade and other payables	45,753	(66,061)	117,754
Borrowings	161,378	104,923	-
Total liabilities	207,131	38,862	117,754
Net liabilities	(172,074)	–	(17,593)
Issued capital and reserves
Share capital	725,979	-	725,979
Share premium reserve	915,988	-	915,988
Retained earnings	(1,828,387)	(81,616)	(1,659,560)
Other reserve	14,346	14,346	-
TOTAL EQUITY	(172,074)	(67,270)	(17,593)

	Latest Jun 26	FY 25	FY 24
Assets
Current assets
Trade and other receivables	12,859	21,188	30,518
Cash and cash equivalents	22,198	50,565	185,810
Total assets	35,057	71,753	216,328
Liabilities
Current liabilities
Trade and other payables	45,753	51,693	48,213
Borrowings	161,378	104,923	68,230
Total liabilities	207,131	156,616	116,443
Net assets/(liabilities)	–	(84,863)	99,885
Net liabilities	(172,074)	–	–
Issued capital and reserves
Share capital	725,979	725,979	725,979
Share premium reserve	915,988	915,988	915,988
Retained earnings	(1,828,387)	(1,741,176)	(1,542,082)
Other reserve	14,346	14,346	-
TOTAL EQUITY	(172,074)	(84,863)	99,885

	H1 26	H2 25	H1 25	H2 24
Assets
Current assets
Trade and other receivables	12,859	21,188	7,580	30,518
Cash and cash equivalents	22,198	50,565	92,581	185,810
Total assets	35,057	71,753	100,161	216,328
Liabilities
Current liabilities
Trade and other payables	45,753	51,693	117,754	48,213
Borrowings	161,378	104,923	-	68,230
Total liabilities	207,131	156,616	117,754	116,443
Net assets/(liabilities)	–	(84,863)	–	99,885
Net liabilities	(172,074)	–	(17,593)	–
Issued capital and reserves
Share capital	725,979	725,979	725,979	725,979
Share premium reserve	915,988	915,988	915,988	915,988
Retained earnings	(1,828,387)	(1,741,176)	(1,659,560)	(1,542,082)
Other reserve	14,346	14,346	-	-
TOTAL EQUITY	(172,074)	(84,863)	(17,593)	99,885

	FY 25	FY 24
Cash flows from operating activities
Loss for the year	(199,094)	(268,558)
Adjustments for
Movements in working capital
Decrease / (Increase) in trade and other receivables	9,330	(8,549)
Increase / (Decrease) in trade and other payables	3,480	(99,419)
Net cash used in operating activities	(186,284)	(376,526)
Cash flows from financing activities
Issue of ordinary shares, net	-	199,990
Increase in borrowings	51,039	39,200
Net cash from financing activities	35,654	239,190
Net (decrease) / increase in cash and cash equivalents	(135,245)	(137,336)
Cash and cash equivalents at beginning of year	185,810	323,146
Cash and cash equivalents at end of the year	50,565	185,810

	H1 26	H2 25	H1 25
Cash flows from operating activities
Loss for the period	(87,211)	–	(117,478)
Movements in working capital
(Increase)/decrease in trade and other receivables	8,329	(13,608)	22,938
Increase/(decrease) in trade and other payables	(5,940)	2,169	1,311
Net cash used in operating activities	(84,822)	(93,055)	(93,229)
Cash flows from financing activities
Increase in borrowings	56,455	51,039	-
Net cash from financing activities	56,455	35,654	-
Net increase/(decrease) in cash and cash equivalents	(28,367)	(42,016)	(93,229)
Cash and cash equivalents at beginning of period	50,565	–	185,810
Cash and cash equivalents at end of period	22,198	–	92,581

	LTM Jun 26	FY 25	FY 24
Revenue to operating profit
Operating profit	(0.2)	(0.2)	–
Operating profit to net income
Finance costs	–	(0.0)	0.0
Profit before tax	(0.2)	(0.2)	(0.3)
Tax	–	0.0	0.0
Net income (owners)	(0.2)	(0.2)	(0.3)
Per share
EPS basic	(0.2p)	(0.3p)	–
EPS diluted	(0.2p)	(0.3p)	–

	H1 26	vs H1 25	H2 25	H1 25
Revenue to operating profit
Operating profit	(0.1)	n/m	(0.1)	(0.1)
Operating profit to net income
Finance costs	(0.0)	–	–	–
Profit before tax	(0.1)	n/m	(0.1)	(0.1)
Net income (owners)	(0.1)	n/m	(0.1)	(0.1)
Per share
EPS basic	(0.1p)	–	(0.1p)	(0.2p)
EPS diluted	(0.1p)	–	(0.1p)	(0.2p)

	LTM Jun 26	FY 25	FY 24
Operating activities
Cash from operations	(0.2)	(0.2)	(0.4)
Financing activities
Shares issued	–	0.0	0.2

	H1 26	vs H1 25	H2 25	H1 25
Operating activities
Cash from operations	(0.1)	n/m	(0.1)	(0.1)

	Latest Jun 26	FY 25	FY 24
Current assets
Trade receivables	0.0	0.0	0.0
Cash	0.0	0.1	0.2
Total assets	0.0	0.1	0.2
Current liabilities
Trade payables	0.0	0.1	0.0
Borrowings, current	0.2	0.1	0.1
Non-current liabilities
Total liabilities	0.2	0.2	0.1
Equity
Total equity	(0.2)	(0.1)	0.1

	H1 26	H2 25	H1 25	H2 24
Current assets
Trade receivables	0.0	0.0	0.0	0.0
Cash	0.0	0.1	0.1	0.2
Total assets	0.0	0.1	0.1	0.2
Current liabilities
Trade payables	0.0	0.1	0.1	0.0
Borrowings, current	0.2	0.1	–	0.1
Non-current liabilities
Total liabilities	0.2	0.2	0.1	0.1
Equity
Total equity	(0.2)	(0.1)	(0.0)	0.1

Read automatically from each results announcement. Check the source before relying on a figure.

Company filings. Not investment advice.