Fortis Frontier plc AIM:FORF
- Incorporated
- United Kingdom
- Employees
- 13
- Reports in
- GBP
- Companies House
- 06573154
Read straight from the annual reports
8.3p at close on 5 Oct 2026 · 11 reported years, 2016–2025
| Line | FY201601/16 | FY201612/16 | FY201712/17 | FY201812/18 | FY201912/19 | FY202012/20 | FY202112/21 | FY202212/22 | FY202312/23 | FY202412/24 | FY202512/25 | FY2026unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | |||||||||||
| Gross profit | — | |||||||||||
| Operating profit | ||||||||||||
| Exceptional items | — | — | — | — | — | — | — | — | ||||
| Net finance cost | ||||||||||||
| Profit before tax | ||||||||||||
| Tax charge | ||||||||||||
| Profit for the year | ||||||||||||
| EBITDA | ||||||||||||
| Basic EPS | ||||||||||||
| Diluted EPS | — | |||||||||||
| Dividend per share | — | — | — | — | — | — | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
9 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.
At-home COVID PCR testing (B2C and B2B) within the disposed CDL business
COVID-related product revenue of £1,019k in 2025 (2024: £2,881k) within discontinued revenue of £1,958k (2024: £3,607k). Continuing revenue is nil.
page 30Wellness testing product range within the disposed CDL business
Other revenue of £939k (2024: £726k). Board said demand for the wellness testing range was increasing but testing margins alone could not fund the investment needed for sustainable growth.
page 5Gross loss on CDL products
Gross loss of £116k in 2025 (2024: gross loss £194k) on revenue of £1,958k, with sales and marketing costs of £526k and administration costs of £979k in discontinued operations.
page 30Continuing administration costs after disposal
Administration expenses of £800k (2024: £544k), including £225k termination costs and £253k legal and professional fees. The Board says it has since reduced operating costs.
page 21£228k credit: Exceptional income: VAT refund on COVID PCR tests sold in earlier years, net of associated costs
page 31Since the disposal of CDL the Board has reviewed and reduced operating costs and is evaluating strategic options to maximise shareholder value. Several businesses have approached the Board seeking investment through a reverse takeover; given global economic uncertainty (Middle East and Ukraine), the Directors are taking time to evaluate all approaches.
page 4Between 9 January and 6 February 2026 the company bought back 435,000 ordinary shares of 1.5p at 8p each under the authority from the AGM of 31 July 2025, and cancelled 105 fractional shares from the May 2023 consolidation.
page 12The Directors do not recommend a final ordinary dividend for 2025 (2024: nil). No dividend policy is stated. The EBT has waived its entitlement to dividends.
page 11The Directors consider the going concern basis appropriate, with a reasonable expectation of adequate resources for the foreseeable future, supported by a forecast and cash at bank. The auditor (Gravita Audit II Limited, report dated 18 March 2026) concluded that no material uncertainty exists. The opinion is unmodified (true and fair). The key audit matter is disclosure of discontinued operations, and the auditor reports nothing to report by exception.
page 15- The company must complete a reverse takeover under AIM Rule 14 by 10 May 2026 or its shares will be suspended. If it fails to complete one before 10 November 2026, the shares will no longer be listed on AIM.p.9
- Dependence on the Board to identify and complete a suitable acquisition at an appropriate price. No opportunity has been identified at the report date, and third-party deal costs may be incurred without completion.p.9
- Warranty and indemnity exposure to Boots under the CDL disposal: the company guarantees FCL's liabilities, with claims capped at £2.375m.p.39
- Uncertain recovery of the net VAT repayment of about £434k still due from HMRC on B2B COVID PCR sales.p.5
Read from C000496-AR-2025-ch.
10 annual reports read, FY2016 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (10)
FY2026Next report expected 11 Jun 2027