Foresight Enterprise VCT Plc

LSE:FTF.LFinancial Services

——At close · Market cap —

FTF.L · Income statement · TradingHolo

GBP millions	FY2019	FY2020	FY2021	FY2022	FY2024	FY2025	YoY
Revenue	(14.8)	0.2	22.2	6.9	31.7	7.9	−75.1%
Cost of revenue	0.0	0.0	0.0	0.0	5.5	3.5	−36.3%
Gross profit	(14.8)	0.2	22.2	6.9	17.7	4.4	−75.2%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—
Selling, general & administrative	0.6	0.9	0.6	0.7	6.3	0.8	−87.6%
Selling & marketing	0.0	0.5	0.0	0.7	0.8	0.0	−100.0%
Operating expenses	0.6	0.9	0.6	0.7	6.3	0.8	−87.6%
Operating income	(15.4)	(0.8)	21.6	6.2	11.4	3.6	−68.4%
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	—
Interest income	0.8	0.1	0.4	0.8	3.1	3.2	+5.0%
Other income / expense	0.0	(0.1)	0.0	0.0	0.0	0.0	—
Pre-tax income	(15.4)	(0.8)	21.6	6.2	11.4	3.6	−68.4%
Income tax	0.0	(0.1)	0.0	0.0	0.0	0.0	—
Net income	(15.4)	(0.8)	21.6	6.2	11.4	3.6	−68.4%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	—	—	—	—	0.0	0.0	—
EPS, basic (per share)	(0.08)	(0.11)	0.11	0.03	0.04	0.01	−72.9%
EPS, diluted (per share)	(0.08)	(0.00)	0.11	0.03	0.04	0.01	−72.9%
EBITDA	(15.4)	(0.1)	21.6	6.2	11.4	3.6	−68.4%
Depreciation & amortization	0.2	0.8	0.2	0.2	0.0	0.0	—
Weighted average shares (shares)	195,581,908	193,445,500	193,445,500	198,639,819	271,803,550	315,236,047	+16.0%
Weighted average diluted shares (shares)	195,581,908	193,445,500	193,445,500	198,639,819	271,803,550	315,236,047	+16.0%
Gross margin	100.0%	100.0%	100.0%	100.0%	55.9%	55.6%	−0.3 pts
Operating margin	104.0%	−458.1%	97.2%	90.2%	35.9%	45.6%	+9.7 pts
Net margin	104.0%	−500.6%	97.2%	90.2%	35.9%	45.6%	+9.7 pts

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.