Genip plc AIM:GNIP
- Incorporated
- United Kingdom
- Chief executive
- Melissa Cruz (Melissa Mariel Cruz Calderon)
- Employees
- 2
- Reports in
- USD
- Companies House
- 15517400
Read straight from the annual reports
2.7c at close on 8 Oct 2026 · 2 reported years, 2024–2025
| Line | FY202412/24 | FY202512/25 | FY2026unreported |
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| EBITDA | — | ||
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| Dividend per share | — |
USD millions, negatives in brackets. Per-share lines in cents, 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.
2 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
GenIP, which sells AI-powered reports that help universities and companies judge and sell new inventions, grew revenue to $520k in 2025 from $123k the year before. The earlier figure covered less than a full year. Its loss after tax widened to $1.3m from $887k. Almost all sales came from its invention evaluation reports, and one customer alone provided 70.8% of revenue. More of each sale was left over after direct costs, but running costs rose sharply as GenIP hired sales staff, attended events and developed products. The result was helped by a one-off $100,000 repayment of earlier IT costs from Tekcapital, the company that sold GenIP its business. GenIP ended the year with $661k in cash and no borrowings. It raised $402k from shareholders in December 2025 and more in May 2026, and it pays no dividend. Management expects more clients and better profit on each sale in 2026. However, the auditor warned of a "material uncertainty" over whether GenIP can keep going, because this depends on meeting its sales forecasts or, if it falls short, raising more money.
Invention Intelligence services (AI-enhanced evaluation reports)
Revenue of $512,389 (2024: $99,349), including $105k from newly launched Invention Prioritizer products
page 8IP Commercialisation services (talent search/partner intelligence)
Revenue of $8,000 (2024: $23,666)
page 8Mix shift to higher-margin Invention Intelligence products (Invention Prioritizer, Validator, Competitive Intelligence)
Gross margin expanded from 12.3% to 31.7% (32% per KPI table) YoY
page 5Scaling of commercial headcount, event participation and product development
Administrative expenses rose from $490,592 to $1,206,024, widening operating loss to $1,260,660
page 5$100k credit: Reimbursement from Tekcapital PLC of IT development costs incurred in FY2024
page 47GenIP enters 2026 with more clients, more products, a broader geographic footprint, and a clearer commercial model than it had twelve months ago
page 5On 1 May 2026 the Company raised £350,000 ($470,000) before costs via a placement of 5,000,000 ordinary shares at 7 pence per share
page 47No ordinary dividends were paid in the year and the directors do not recommend a final dividend
page 14Auditor HW Fisher Audit issued an unqualified opinion but included a 'material uncertainty relating to going concern' paragraph (not modifying the opinion), noting the Company's ability to continue as a going concern is dependent on achieving forecast sales growth and cash inflows; a material uncertainty exists given reliance on achieving revenue forecasts and, if shortfall occurs, on further financing being obtained (the £350k/$470k placement completed 1 May 2026 was factored into the assessment). Key audit matters: revenue recognition (occurrence/completeness/cut-off), management override of controls, share-based payments, completeness of related-party transactions, and going concern
page 23- Operational risk: ability of a small management team to grow the business and achieve goalsp.11
- Finance and liquidity risk: adequate resources to fund operations/R&D and growth; FX volatilityp.11
- Dependence on Phosphorix Limited (CTO-owned) as key software/AI integration providerp.11
- Market competition: highly competitive AI industry with new entrants and established playersp.11
Read from C000536-AR-2025-ch.
2 annual reports read, FY2024 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 (2)
FY2026Next report expected 4 Jun 2027