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AIM:PYC · Health Care · AIM-listed outsourced quantitative pharmacology (modelling & simulation) and biometrics consulting/contract research services to biopharmaceutical companies
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Physiomics plc

Physiomics Plc is an AIM-listed Oxfordshire-based company providing outsourced consulting and contract research services to biopharmaceutical companies and research institutes, principally in Modelling & Simulation (quantitative pharmacology) and, from FY26, Biometrics (biostatistics, statistical programming and data management), supported by its proprietary Virtual Tumour software platform. It also develops a personalised-medicine dosing technology (funded largely by Innovate UK/NIHR grants) aimed at predicting optimal cancer drug dosing. The company operates a fee-for-service consulting business model and is loss-making but cash generative enough to fund operations alongside periodic equity fundraises.

The latest annual report

FY2026 in sixty seconds

year to 30 Jun 2026 · approved 12 Oct 2026 · 61 pages · Companies House

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Physiomics Plc, which sells computer modelling and statistics services to drug developers, saw revenue rise to £941k in the year to 30 June 2026, from £784k the year before (+20.1%). But its loss after tax widened to £697k, from £415k.

The report says costs rose faster than sales. It points to one-off costs from a shareholder move to replace the board, heavier use of outside consultants, and the cost of setting up a new statistics service.

The company ended the year with £419k of cash, a little less than a year earlier, and no bank borrowings. It raised £600k by selling new shares and paid no dividend. Looking ahead, the board said it had about £618,000 of contracted work still to deliver, that costs fell significantly in July and August 2026, and that it aims to become profitable as soon as possible. The auditor gave a clean opinion and raised no doubt about the company's ability to keep going, though the report lists raising enough money until it turns a profit as a key risk.

From the reportevery line sits on the page it names
What drove revenue

Modelling & Simulation consulting (core service line)

Modelling and Simulation currently remains the primary revenue driver, accounting for 85% of FY26 revenue

page 7
What moved the marginheadwind

One-off costs from Board Requisition/replacement and increased consultant use

Operating loss increased 50% to £687,254 due to one-off costs associated with the Board Requisition and subsequent replacement of the Board, along with increased use of consultants to support revenue generation

page 5
What management said

The Board believes the Company is entering FY27 from a position of increasing strength... Physiomics has approximately £618,000 of contracted revenue yet to be recognised and a substantial late-stage sales pipeline, providing an encouraging level of visibility for the year ahead

page 9
The dividend

No dividend was paid or proposed. In view of accumulated losses and the Company's stage of development, the Directors are unable to recommend the payment of a dividend

page 21

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Key figures

12 years on one page · FY2015–FY2026

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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. 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.

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Nothing restated

Every figure is read again from the following year’s report: 301 confirmed, 10 differ.

No figure has been restated: every figure a later report printed again, it printed the same.