Revenue
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | £0 | £0 | £0 | £0 | £132,000 | £87,000 | £70,000 |
| Gross profit | £0 | £0 | £0 | £0 | £68,000 | £43,000 | £4,000 |
| Gross margin | — | — | — | — | 51.52% | 49.43% | 5.71% |
| Research & development | £72.0M | £59.9M | £65.4M | £49.1M | £24.3M | £10.0M | £5.2M |
| Operating expenses | £127.4M | £89.1M | £101.9M | £98.1M | £277.3M | £11.6M | £7.5M |
| Operating income | −£127.4M | −£61.2M | −£101.9M | −£98.1M | −£277.2M | −£11.5M | −£7.4M |
| Operating margin | — | — | — | — | −210,029.55% | −13,235.63% | −10,640.00% |
| EBITDA | −£126.3M | −£59.2M | −£99.9M | −£96.3M | −£276.5M | −£11.0M | −£7.3M |
| EBITDA margin | — | — | — | — | −209,450.00% | −12,612.64% | −10,412.86% |
| Net income | £232.9M | −£781.2M | −£59.9M | −£94.4M | −£245.2M | −£12.3M | −£7.5M |
| Net profit margin | — | — | — | — | −185,775.76% | −14,167.82% | −10,691.43% |
| Basic EPSper basic share | £2.63 | -£38.46 | -£3.13 | -£5.26 | -£1.98 | -£0.12 | -£0.07 |
| Diluted EPSper diluted share | -£0.57 | -£38.46 | -£3.13 | -£5.26 | -£1.98 | -£0.12 | -£0.07 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
Mudrick Capital Management, L.P. | 52.16M |
Saba Capital Management, L.P. | 10.52M |
Ilex Capital Partners (UK) LLP | 6M |
FRONTIER CAPITAL MANAGEMENT CO LLC | 5.4M |
MILLENNIUM MANAGEMENT LLC | 4.67M |
MASTERS CAPITAL MANAGEMENT LLC | 4.1M |
MARSHALL WACE, LLP | 2.39M |
Inherent Management Corp. | 2.18M |
ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.5M |
MORGAN STANLEY | 1.45M |
UBS Group AG | 1.38M |
Point72 Asset Management, L.P. | 894.06K |
Defiance ETFs, LLC | 804.64K |
Penserra Capital Management LLC | 789.68K |
RENAISSANCE TECHNOLOGIES LLC | 562.4K |
CITADEL ADVISORS LLC | 522.89K |
Yorkville Advisors Global, LP | 334.45K |
Legal & General Group Plc | 263.39K |
Squarepoint Ops LLC | 262.09K |
TUDOR INVESTMENT CORP ET AL | 199.31K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Apr 15, 2026Form 4 | Saba Capital Management, L.P.TenPercentOwner | SellCommon Stock · indirect | 676.5K | $2.69 | $1.82M | 10.96M |
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