Avacta Group

AVCT · AIM · Health Care · mcap £329m · 65.5p

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Financials · LTM to 30 Jun 26

Source: results 30 Sep 26 ↗

Revenue: £113k
Operating profit: −£29.6m
Net income: −£39.9m
Free cash flow: −£28.6m
Net cash: £4.5m
Market cap: £321m
EV / EBIT: –
FCF yield: −8.9%
Price / book: 85.1×

Latest half-year · H1 26 vs H1 25 results 30 Sep 26 ↗

Revenue: £56k
Operating profit: −£13.9m
Net income: −£19.0m
Cash from operations: −£14.3m

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

Income statement Cash flow Balance sheet

Annual Half-yearly

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

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	0.1	0.1	0.1
Gross profit	0.1	0.1	0.1
Adjusted EBITDA	(26.2)	(25.3)	–
Exceptional / adjusting items	0.2	(0.8)	2.0
Operating profit	(29.6)	(29.9)	(32.6)
Depreciation (owned assets)	–	(1.3)	(1.5)
Amortisation	(0.0)	(0.0)	(0.0)
Share-based payments	(1.9)	(2.1)	(4.1)
Finance costs	(0.0)	(0.1)	–
Profit before tax	(38.0)	(36.0)	(29.0)
Tax	(1.1)	(0.2)	(0.4)
Net income (owners)	(39.9)	(38.6)	(52.8)
Discontinued operations	–	(2.1)	(23.4)
EPS basic	(9.2p)	(9.7p)	(15.3p)
EPS diluted	(9.2p)	(9.7p)	(15.3p)

	H1 26	vs H1 25	H2 25	H1 25
Revenue	0.1	n/m	0.1	0.1
Gross profit	0.1	n/m	0.1	0.1
Adjusted EBITDA	(12.6)	n/m	(13.7)	(11.6)
Exceptional / adjusting items	0.0	n/m	0.1	(0.9)
Operating profit	(13.9)	n/m	(15.7)	(14.2)
Amortisation	(0.0)	n/m	(0.0)	(0.0)
Share-based payments	(0.5)	−28%	(1.4)	(0.7)
Finance costs	(0.0)	n/m	(0.0)	(0.1)
Profit before tax	(18.8)	n/m	(19.2)	(16.9)
Tax	(0.2)	n/m	(1.0)	0.7
Net income (owners)	(19.0)	n/m	(20.9)	(17.7)
Discontinued operations	–	–	(1.2)	(0.9)
EPS basic	(4.2p)	–	(5.0p)	(4.7p)
EPS diluted	(4.2p)	–	(5.0p)	(4.7p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	(27.5)	(26.8)	(23.6)
Interest paid	(0.3)	0.4	–
Tax paid	–	0.8	1.2
Capex (PP&E)	(0.0)	(0.1)	(0.3)
Capex (intangibles)	–	–	(0.0)
Lease principal paid	(1.0)	(1.0)	(0.9)
Lease interest paid	(0.1)	(0.1)	(0.1)
Shares issued	41.5	22.5	31.1

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(14.3)	n/m	(13.2)	(13.6)
Interest paid	(0.4)	n/m	0.2	0.2
Capex (PP&E)	(0.0)	n/m	(0.0)	(0.0)
Capex (intangibles)	(0.0)	–	–	–
Lease principal paid	(0.5)	+4%	(0.5)	(0.5)
Lease interest paid	(0.0)	n/m	(0.0)	(0.1)
Shares issued	18.9	n/m	22.5	0.0

	Latest Jun 26	FY 25	FY 24
Other intangibles	1.6	1.5	1.8
Property, plant & equipment	0.2	0.3	0.5
Associates & JVs	2.9	3.1	3.4
Trade receivables	5.4	4.5	2.0
Cash	20.3	16.9	12.9
Current assets	25.7	23.2	40.2
Total assets	30.9	29.4	48.3
Trade payables	7.3	8.9	5.9
Borrowings, current	15.8	13.4	20.5
Lease liabilities, current	0.8	1.1	1.0
Current liabilities	27.1	26.2	37.3
Lease liabilities, non-current	0.0	0.5	1.5
Total liabilities	27.2	26.9	39.0
Total equity	3.8	2.5	9.3

	H1 26	H2 25	H1 25	H2 24
Other intangibles	1.6	1.5	1.8	1.8
Property, plant & equipment	0.2	0.3	0.3	0.5
Associates & JVs	2.9	3.1	3.3	3.4
Trade receivables	5.4	4.5	3.0	2.0
Cash	20.3	16.9	12.6	12.9
Current assets	25.7	23.2	22.0	40.2
Total assets	30.9	29.4	29.2	48.3
Trade payables	7.3	8.9	6.6	5.9
Borrowings, current	15.8	13.4	18.2	20.5
Lease liabilities, current	0.8	1.1	1.0	1.0
Current liabilities	27.1	26.2	27.9	37.3
Lease liabilities, non-current	0.0	0.5	1.0	1.5
Total liabilities	27.2	26.9	29.1	39.0
Total equity	3.8	2.5	0.1	9.3

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.