Frontier IP: results for the half year to 31 December 2024
Frontier IP and its portfolio companies made good progress both during the first half of the financial year and post the period close in what was a difficult environment for both AIM-quoted and early-stage technology companies.
Read moreWatch: Frontier CEO Neil Crabb on full year results, portfolio progress and our fundraising
Neil takes Proactive’s Stephen Gunnion through the company’s annual results, the £3 million placing and subscription, as well as a separate offer to retail investors. Despite challenging financial markets, the company saw a modest gain in portfolio value and reduced losses, signalling resilience and growth potential.
Read moreFull year results 2024: portfolio makes good progress in challenging conditions
Commercial and financial developments during the year mean our portfolio is now a mix of companies at different stages of maturity. There was also strong technical progress across the portfolio. Despite the difficult funding environment, four companies raised money during the period and post the year end. We continued to strengthen management teams.
Read moreFrontier IP announces stake in Diagen Ai and TVG collaboration
Frontier IP holds a 4.26 per cent stake in DiaGen Ai, a Canadian company focused on AI-driven protein and peptide design. DiaGen has now entered into a collaboration with fellow portfolio company The Vaccine Group.
Read moreJo Stent joins as Chief Financial Officer
Jo Stent has joined Frontier IP as Chief Financial Officer. Most recently, she was CFO of Aim quoted Argentex Group plc. She takes over from Jim Fish, who is staying with the Group as Portfolio Finance Director.
Read moreHalf year results: maturing portfolio makes good commercial and technical progress
Pre-tax profits reach £1.4 million and the fair value of the equity portfolio rises 6 per cent to £35 million despite difficult market and economic conditions.
Read moreHorns of plenty: unicorns, narwhals and the changing company valuation landscape
Once rare financial unicorns have become all too common in the past decade, but are now facing geopolitical and economic headwinds. In this presentation to premier global executive knowledge network FS Club, Chief Executive Neil Crabb explains what narwhals can teach us that unicorns can’t.
Read moreFull year results 2023: good technical and commercial progress in challenging markets
Alusid, Nandi Proteins, Cambridge Raman Imaging, Celerum, and Fieldwork Robotics are all either generating revenues or are about to start, taking further strides forward to commercial viability. The day moves closer for a second portfolio company to follow Exscientia in launching an initial public offering or to execute a trade sale.
Read moreDame Julia King, Baroness Brown of Cambridge, to become Frontier IP Chair
Current Chair Andrew Richmond will step down from the Board of Directors at the next annual general meeting, expected to be held in December 2023.
Read moreEmporia4KT reaches concludes successfully
A major pan-European project to boost technology transfer in the Blue Economy across the Atlantic seaboard has come to end. Learn more about how Frontier IP helped.
Read moreNigel Grierson and Dr David Holbrook join the Frontier IP board of directors
Dame Julia King, Baroness Brown of Cambridge becomes Senior Independent Director as Frontier IP broadens experience on board with two new non-executive directors.
Read moreHalf year results: portfolio makes significant commercial and technical progress
Frontier IP and our portfolio companies attracted major industry interest during the first half of the year, despite difficult markets impacting the financial results.
Read moreFinal results: portfolio equity value up 24 per cent to £39.7 million
A landmark year saw our first partial exit after Exscientia listed on Nasdaq and the rest of the portfolio performed strongly. Pre-tax profits rose to £10.9 million
Read moreRobot-picked raspberries, COVID-19 vaccines, Portugal and graphene: read our newsletter
Robot-picked raspberries are now in the shops, thanks to Fieldwork Robotics, featured in our latest newsletter. There are also updates on TVG, Portugal and a look at graphene.
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