Insig AI Plc, a data science and machine learning solutions company, released its final results for the year ended March 31, 2025. The company reported a 43% revenue growth to £0.53 million, with a significant 143% growth in Q1 revenue compared to the same period last year. Despite this growth, the company recorded a loss before non-cash impairments and non-capitalization of staff development costs, which decreased from £1.1 million to £0.5 million.
Key highlights from the report include
Launch of an automated Generative Intelligence Engine
Contract award by the Financial Conduct Authority (FCA) after the year-end
Evaluation of strategic options, including establishing a fund for investments in digital assets and related enterprises
The companys CEO, Richard Bernstein, expressed excitement about the prospects of the existing business and the potential for growth through investments in rapidly evolving markets. Insig AI is also considering a new strategic direction, which may involve establishing a fund dedicated to digital asset investments, potentially leading to a re-listing as an AIM investing company.
Financial results show a net loss of £4.76 million for the year, with a significant impairment charge of £4.4 million related to reduced long-term sales forecasts. The companys cash balance at year-end was £0.33 million, with a net liability position of £1.51 million.
Insig AI has been actively raising capital, with successful equity funding rounds in 2024 and 2025, and has made strategic investments, such as acquiring a 5.45% equity interest in ImpactScope OÜ, an AI and blockchain company.
The company is focused on expanding its customer base and has secured new business wins, including contracts with the FCA and London-based asset managers. Insig AI aims to increase its market presence through a major outreach program targeting consultancies.
Despite challenges in the London equity market, Insig AI remains committed to its growth strategy, leveraging its expertise in AI and data insights to identify mispricing of assets and generate returns for shareholders.