Fortis Frontier PLC

LSE:FORF.LHealthcare

——At close · Market cap —

FORF.L · Income statement · TradingHolo

GBP millions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Revenue	0.1	16.4	22.3	11.0	3.6	0.0	−100.0%
Cost of revenue	0.7	11.3	17.5	8.9	3.8	0.2	−94.3%
Gross profit	(0.6)	5.1	4.8	2.0	(0.2)	(0.2)	−10.8%
Research & development	0.5	0.2	0.5	1.0	0.4	0.0	−100.0%
Selling, general & administrative	2.2	2.6	3.0	2.3	1.1	0.6	−49.0%
Selling & marketing	0.0	0.7	0.9	0.6	0.6	0.0	−100.0%
Operating expenses	3.1	3.1	3.3	2.4	2.0	0.4	−82.3%
Operating income	(3.8)	2.0	1.5	(0.4)	(2.2)	(0.6)	+74.2%
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	−100.0%
Interest income	0.0	0.0	0.0	0.2	0.2	0.1	−40.2%
Other income / expense	(0.0)	(0.0)	0.0	0.2	0.4	(0.1)	−118.5%
Pre-tax income	(3.8)	2.0	1.5	(0.2)	(1.8)	(0.7)	+63.2%
Income tax	0.8	0.5	(0.7)	(0.0)	0.0	0.0	—
Net income	(3.8)	2.0	1.5	(0.2)	(1.8)	(1.6)	+8.9%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	(1.0)	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—
EPS, basic (per share)	(0.13)	0.04	0.03	(0.00)	(0.03)	(0.03)	+9.0%
EPS, diluted (per share)	(0.13)	0.04	0.03	(0.00)	(0.03)	(0.03)	+9.0%
EBITDA	(3.6)	2.2	1.7	0.0	(1.5)	(0.4)	+76.5%
Depreciation & amortization	0.2	0.2	0.2	0.2	0.3	0.2	−15.7%
Weighted average shares (shares)	28,050,440	47,390,133	51,620,199	51,306,873	51,822,725	51,851,821	+0.1%
Weighted average diluted shares (shares)	28,050,440	49,603,733	51,881,533	51,971,128	51,822,725	51,851,821	+0.1%
Gross margin	−1,280.6%	31.3%	21.4%	18.7%	−5.4%	—	—
Operating margin	−7,516.1%	12.5%	6.7%	−3.3%	−61.8%	—	—
Net margin	−7,526.0%	12.2%	6.8%	−1.4%	−49.5%	—	—

GBP millionsUpdated 31 Dec 2025 ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.