Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
372.00K | 358.00K | 372.00K | 329.00K | 362.00K | 404.00K | Gross Profit |
362.00K | -1.42M | -1.15M | -1.39M | -1.17M | -1.04M | EBIT |
-3.34M | -1.40M | -4.42M | 10.88M | 10.23M | 4.16M | EBITDA |
-2.48M | -3.33M | -2.89M | -3.04M | -2.07M | -1.80M | Net Income Common Stockholders |
-2.02M | -1.13M | -3.24M | 10.23M | 9.57M | 4.18M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
2.30M | 2.30M | 4.60M | 4.37M | 1.99M | 2.97M | Total Assets |
45.09M | 45.09M | 45.99M | 50.08M | 38.87M | 26.08M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-2.30M | -2.30M | -4.60M | -4.37M | -1.99M | -2.97M | Total Liabilities |
315.00K | 315.00K | 452.00K | 1.39M | 445.00K | 210.00K | Stockholders Equity |
44.77M | 44.77M | 45.54M | 48.70M | 38.42M | 25.87M |
Cash Flow | Free Cash Flow | ||||
-3.23M | -2.83M | -3.26M | -3.01M | -1.48M | -1.76M | Operating Cash Flow |
-3.22M | -2.81M | -3.25M | -3.01M | -1.47M | -1.76M | Investing Cash Flow |
-32.00K | 370.00K | 3.38M | 5.38M | -1.69M | -600.00K | Financing Cash Flow |
138.00K | 136.00K | 98.00K | 0.00 | 2.18M | 3.86M |
Frontier IP’s portfolio company, GraphEnergyTech, has entered a collaboration with Taiwan Perovskite Solar Corporation, the Industrial Technology Research Institute, and the University of Cambridge to advance solar technology. The collaboration, backed by a £884,129 grant from Innovate UK, aims to develop commercial perovskite solar modules using GraphEnergyTech’s graphene electrodes, which are more sustainable and cost-effective than traditional metal electrodes. This initiative addresses the challenges of environmental degradation and resource depletion associated with current solar technologies, potentially positioning GraphEnergyTech as a leader in the renewable energy sector.
Frontier IP announced that Topps Tiles plc has launched a new range of Alusid’s mass-produced floor tiles, Mas, across its UK retail chain. These tiles, made from up to 98.5% recycled industrial waste, significantly reduce carbon emissions and water usage compared to conventional tiles, aligning with Topps’ sustainability goals. This launch marks a major milestone for Alusid, expanding its market presence and reinforcing its partnership with Topps, while also supporting Frontier IP’s strategic aims in the sustainable building materials sector.
Frontier IP Group’s portfolio company Alusid Limited has signed its first international distribution agreement with FRONT Materials B.V. This partnership allows FRONT to exclusively distribute Alusid’s sustainable tiles in the Netherlands and non-exclusively in Europe and the US. This deal highlights the global potential of Alusid’s eco-friendly products, which are made from recycled industrial waste and have a significantly lower carbon footprint than traditional tiles. With existing clients like Topps Tiles and Starbucks EMEA, and talks with other distributors ongoing, Alusid is poised to expand its market presence in sustainable building materials.
Frontier IP Group plc has announced its total issued share capital consists of 68,898,207 ordinary shares with one voting right per share, reflecting its current capital structure. This announcement provides shareholders with essential information for calculating their interests according to the FCA’s rules, ensuring transparency and effective management of shareholder interests.
Frontier IP Group plc has announced a change in its shareholder voting rights, as Oakglen Wealth has increased its voting rights in the company to 6.126%, up from the previous 5.9724%. This acquisition of voting rights may have implications for Frontier IP’s corporate governance and strategic decision-making, potentially affecting its operations and position in the market.
Frontier IP Group plc, a company focused on commercializing intellectual property, announced the grant of options over 1,000,403 ordinary shares to certain executive directors and personnel. This move aligns with the company’s remuneration policy to incentivize and retain talent, supporting its strategic goals. The options are issued under the Unapproved Share Option Plan and the Company Share Option Plan, with varying exercise prices and periods, reflecting the company’s commitment to rewarding its team in line with performance metrics. The total outstanding options now represent 9.12% of the company’s issued share capital, indicating a significant step in aligning employee interests with shareholder value.
Frontier IP Group plc announced the successful passing of all resolutions at its annual general meeting, which included a conditional fundraising that raised approximately £3.6 million. This development is significant for the company as it bolsters its financial resources, allowing for further advancement in commercializing intellectual property. Despite some opposition to director remuneration, the board intends to engage with dissenting shareholders to address their concerns. Additionally, the admission of new shares to the AIM market is set for 23 December 2024, increasing the company’s total voting rights to 68,898,207, marking a pivotal moment in Frontier IP’s growth and market presence.